First Watch Restaurant Gr Q2 EPS $0.13 Beats $0.08 Estimate, Sales $216.30M Beat $209.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
First Watch Restaurant Gr (NASDAQ:FWRG) reported Q2 earnings of $0.13 per share, beating the analyst consensus estimate of $0.08 by 62.5%. This is a 160% increase from the same period last year. The company also reported quarterly sales of $216.30 million, beating the analyst consensus estimate of $209.65 million by 3.17%, a 17.27% increase from the same period last year.
August 01, 2023 | 11:23 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
First Watch Restaurant Gr's Q2 earnings and sales beat estimates, showing significant YoY growth. This could positively impact the stock in the short term.
First Watch Restaurant Gr reported better than expected Q2 earnings and sales, which is typically a positive signal for the stock. The significant YoY growth also indicates strong performance, which could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100