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 ...