Cava Group, Inc. Reports Results For The Quarter Ended June 30: Earnings Summary
CAVA Group, Inc. reports results for the quarter ended June 30 - Earnings Summary
CAVA Group, Inc. CAVA.N reported quarterly adjusted earnings of 19 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of twenty five analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 16 cents to 20 cents per share.
Revenue rose 31.3% to $368.44 million from a year ago; analysts expected $360.53 million.
CAVA Group, Inc.'s reported EPS for the quarter was 19 cents.
The company reported quarterly net income of $23.02 million.
CAVA Group, Inc. shares had fallen by 21.5% this quarter and gained 4.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 7.9% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 10 "hold" and 1 "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 CAVA Group, Inc. is $95.00, about 36% above its last closing price of $60.81
This summary was machine generated from LSEG data August 11 at 11:20 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 |
Jun. 30 2026 | 0.18 | 0.19 | Beat |
Mar. 31 2026 | 0.18 | 0.20 | Beat |
Dec. 31 2025 | 0.03 | 0.04 | Beat |
Sep. 30 2025 | 0.12 | 0.12 | Met |