First Watch Restaurant Gr's Earnings Outlook
Portfolio Pulse from Benzinga Insights
First Watch Restaurant Gr (NASDAQ:FWRG) is expected to report an EPS of $0.04 in its upcoming quarterly earnings on 2024-03-05. Analysts and investors will be looking for an earnings beat and positive guidance for future growth. Historical data shows that FWRG's stock price tends to react negatively to past earnings announcements, despite beating EPS estimates.
March 04, 2024 | 3:02 pm
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First Watch Restaurant Gr is anticipated to report a quarterly EPS of $0.04, with investors keen on earnings beat and positive future guidance.
Given FWRG's history of stock price decline following earnings announcements despite beating EPS estimates, the short-term impact is uncertain. The market's reaction may hinge more on the company's future guidance than the actual earnings beat, reflecting investor sentiment and expectations.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100