First Watch Restaurant Group Inc reports results for the quarter ended in September - Earnings Summary

First Watch Restaurant

07/11/2022 14:33

* First Watch Restaurant Group Inc  FWRG.OQ  reported
quarterly
breakeven results​​ per share for the quarter ended in
September. The mean expectation of ten analysts for the quarter
was for earnings of 3 cents per share.
    * Revenue rose 18.7% to $186.85 million from a year ago;
analysts
expected $180.74 million. 
    * First Watch Restaurant Group Inc's reported EPS for the
quarter
was breakeven results​.
    * The mean earnings estimate of analysts had risen by
about 38.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * First Watch Restaurant Group Inc shares had risen by 11.7%
this
quarter and lost 3.5% so far this year.
    * The company reported quarterly net income of $46 thousand.
    * Wall Street's median 12-month price target for First Watch
Restaurant Group Inc is $21.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
7 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.03           0.00           Missed
 Jun. 30 2022      0.04           0.05           Beat
 Mar. 31 2022      0.05           0.08           Beat
 Dec. 31 2021      -0.07          -0.04          Beat