First Watch Restaurant Group Inc reports results for the quarter ended June 30 - Earnings Summary

First Watch Restaurant

04/08/2026 14:31

First Watch Restaurant Group Inc FWRG.OQ reported quarterly adjusted earnings of 4 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 3 cents.  The mean expectation of eleven analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from 3 cents to 8 cents per share.
Revenue rose 15.2% to $354.67 million from a year ago; analysts expected $351.26 million. 
First Watch Restaurant Group Inc's reported EPS for the quarter was 4 cents​.
The company reported quarterly net income of $2.34 million.
First Watch Restaurant Group Inc shares had fallen by 3.0% this quarter and lost 17.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 28.1% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 11 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is  "buy."
Wall Street's median 12-month price target for First Watch Restaurant Group Inc is $20.00, about 37.5% above its last closing price of $12.50
This summary was machine generated from LSEG data August 4 at 01:31 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 
0.04
0.04
Met
Mar. 31 2026 
-0.03
-0.04
Missed
Dec. 31 2025 
0.07
0.24
Beat
Sep. 30 2025 
0.07
0.05
Missed