A Peek at First Watch Restaurant Gr's Future Earnings

First Watch Restaurant Gr (NASDAQ:FWRG) is preparing to release its quarterly earnings on Thursday, 2024-11-07. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect First Watch Restaurant Gr to report an earnings per share (EPS) of $0.04.

Anticipation surrounds First Watch Restaurant Gr's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Earnings Track Record

In the previous earnings release, the company beat EPS by $0.01, leading to a 0.25% drop in the share price the following trading session.

Here's a look at First Watch Restaurant Gr's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.13

0.09

0.04

0.04

EPS Actual

0.14

0.12

0.04

0.09

Price Change %

-0.0%

2.0%

-0.0%

-3.0%

Stock Performance

Shares of First Watch Restaurant Gr were trading at $17.49 as of November 05. Over the last 52-week period, shares are up 9.52%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on First Watch Restaurant Gr

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding First Watch Restaurant Gr.

The consensus rating for First Watch Restaurant Gr is Buy, derived from 6 analyst ratings. An average one-year ...