Wingstop Inc WING.OQ reported quarterly adjusted earnings of $1.00 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 93 cents. The mean expectation of twenty two analysts for the quarter was for earnings of 87 cents per share. Wall Street expected results to range from 80 cents to 96 cents per share.
Revenue rose 12% to $174.33 million from a year ago; analysts expected $173.36 million.
Wingstop Inc's reported EPS for the quarter was 96 cents.
The company reported quarterly net income of $26.76 million.
Wingstop Inc shares had fallen by 13.8% this quarter and gained 2.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.3% in the last three months.
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," 7 "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 $371.00, about 21.8% above its last closing price of $290.30
This summary was machine generated from LSEG data July 30 at 01:31 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)