Wingstop Inc expected to post earnings of 76 cents a share - Earnings Preview

Wingstop

29/04/2024 14:47

* Wingstop Inc  WING.OQ   WING.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 1 for the
period ending March 31 2024
    * The Addison Texas-based  company is expected to report a
24.7% increase in revenue to $135.598 million from $108.72
million a year ago, according to the mean estimate from 20
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Sales)
    * ​LSEG's mean analyst estimate for Wingstop Inc is for
earnings
of 76 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months. ​
    * Wall Street's median 12-month price target for Wingstop
Inc is
$350.00​, below​ its last closing price of $382.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.58        0.57       0.64      Beat    12.4
 Sep. 30 2023  0.52        0.52       0.69      Beat    33.3
 Jun. 30 2023  0.51        0.51       0.57      Beat    11.2​
 Mar. 31 2023  0.46        0.45       0.59      Beat    31.1
 ​​Dec.        0.41                   0.60              47.8
 31 2022                                                
 Sep. 30 2022  0.36        0.36       0.45      Beat    24.3​
 Jun. 30 2022  0.36        0.36       0.45      Beat    24
 Jan. 1 0001   0.43        0.40       0.34      Missed  -14.5
 This summary was machine generated April 29 at 13:47 GMT.  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)