Sweetgreen Inc expected to post a loss of 16 cents a share - Earnings Preview

SWEETGREEN

26/07/2023 02:46

* Sweetgreen Inc  SG.N   SG  is expected to show a rise in
quarterly revenue when it reports  results on July 27. 
    * The Los Angeles California-based  company is expected to
report 
a 25.4% increase in revenue to $156.698 million from $124.92
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sweetgreen Inc is
for a
loss of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sweetgreen
Inc is
$15​, below​ its last closing price of $15.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.36       -0.35      -0.29     Beat    17.1
 Dec. 31 2023  -0.35       -0.35      -0.44     Missed  -26.9
 Sep. 30 2022  -0.36       -0.37      -0.33     Beat    9.7​
 Jun. 30 2022  -0.36       -0.36      -0.36     Met     -0.3
 ​​Mar.        -0.42       -0.41      -0.45     Missed  -9.1
 31 2022                                                
 Dec. 31 2021  -0.66       -0.66      -1.14     Missed  -73.1​
 This summary was machine generated July 26 at 01:46 GMT.  All
figures in US dollars  unless otherwise stated