What's Going On With CAVA Stock Thursday?
Portfolio Pulse from Dylan Berman
CAVA Group, Inc. (NYSE:CAVA) is experiencing volatility as it prepares to release its Q2 2024 earnings. Analysts expect EPS of $0.12 and revenue of $218.21 million. CAVA has a history of beating estimates, and Stifel analyst Chris O’Cull recently raised the price target to $110. The stock is trading above its 52-week high.
August 22, 2024 | 6:22 pm
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CAVA Group is set to release its Q2 2024 earnings, with expectations of EPS at $0.12 and revenue at $218.21 million. The company has a strong track record of beating estimates, and a recent analyst upgrade has increased the price target to $110. The stock is trading above its 52-week high.
CAVA's upcoming earnings release is a significant event, with expectations of continued strong performance. The company's history of beating estimates and a recent analyst upgrade suggest positive sentiment. The stock's current trading above its 52-week high indicates strong market confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100