Wingstop Inc reports results for the quarter ended in December - Earnings Summary

Wingstop

21/02/2024 14:32

* Wingstop Inc  WING.OQ  reported quarterly adjusted
earnings of
64 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 60 cents.  The mean expectation of twenty two analysts for
the quarter was for earnings of 57 cents per share. Wall Street
expected results to range from 47 cents to 65 cents per share.
    * Revenue rose 21.2% to $127.06 million from a year ago;
analysts
expected $120.14 million. 
    * Wingstop Inc's reported EPS for the quarter was 64 cents​.
    * The company reported quarterly net income of $18.81
million.
    * Wingstop Inc shares had risen by 26.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 14
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Wingstop
Inc is
$294.00 

This summary was machine generated from LSEG data February 21 at
02:31 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
 Dec. 31 2023      0.57           0.64           Beat
 Sep. 30 2023      0.52           0.69           Beat
 Jun. 30 2023      0.51           0.57           Beat
 Mar. 31 2023      0.45           0.59           Beat