Wingstop Inc reports results for the quarter ended in September 30 - Earnings Summary

Wingstop

30/10/2024 15:17

* Wingstop Inc  WING.OQ  reported quarterly adjusted
earnings of
88 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 69 cents.  The mean expectation of twenty two analysts for
the quarter was for earnings of 95 cents per share. Wall Street
expected results to range from 87 cents to $1.03 per share.
    * Revenue rose 38.8% to $162.50 million from a year ago;
analysts
expected $161.63 million. 
    * Wingstop Inc's reported EPS for the quarter was 88 cents​.
    * The company reported quarterly net income of $25.73
million.
    * Wingstop Inc shares had fallen by 11.3% this quarter and
gained 43.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.2%
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 11 "strong buy" or "buy," 14
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is also "buy"

Wall Street's median 12-month price target for Wingstop Inc is
435.00 
This summary was machine generated from LSEG data October 30 at
03:17 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
 Sep. 30 2024      0.95           0.88           Missed
 Jun. 30 2024      0.82           0.93           Beat
 Mar. 31 2024                     0.98           
 Dec. 31 2023      0.57           0.64           Beat