Sweetgreen Inc expected to post a loss of 35 cents a share - Earnings Preview

SWEETGREEN

03/05/2023 03:04

* Sweetgreen Inc  SG.N   SG  is expected to show a rise in
quarterly revenue when it reports  results on May 4. 
    * The Los Angeles California-based  company is expected to
report 
a 22.8% increase in revenue to $126.008 million from $102.59
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sweetgreen Inc is
for a
loss of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Sweetgreen
Inc is
$9.5​, above​ its last closing price of $7.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -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. 31 2022  -0.42       -0.41      -0.45     Missed  -9.1
 ​​Dec.        -0.66       -0.66      -1.14     Missed  -73.1
 31 2021                                                
                                                        ​
 This summary was machine generated May 3 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated