Wingstop Inc reports results for the quarter ended in September 30 - Earnings Summary
Wingstop Inc WING.OQ reported quarterly adjusted earnings of 88 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 69 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 95 cents per share. Wall Street expected results to range from 87 cents to $1.03 per share.
Revenue rose 38.8% to $162.50 million from a year ago; analysts expected $161.63 million.
Wingstop Inc's reported EPS for the quarter was 88 cents.
The company reported quarterly net income of $25.73 million.
Wingstop Inc shares had fallen by 11.3% this quarter and gained 43.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 5.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 14 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the restaurants & bars peer group is also "buy"
Wall Street's median 12-month price target for Wingstop Inc is 435.00
This summary was machine generated from LSEG data October 30 at 03:17 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Sep. 30 2024 | 0.95 | 0.88 | Missed |
Jun. 30 2024 | 0.82 | 0.93 | Beat |
Mar. 31 2024 | 0.98 | ||
Dec. 31 2023 | 0.57 | 0.64 | Beat |
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