Wingstop Q3 2024 GAAP EPS $0.88 Misses $0.95 Estimate, Sales $162.498M Beat $161.535M Estimate
Portfolio Pulse from Benzinga Newsdesk
Wingstop's Q3 2024 earnings per share missed estimates, but sales exceeded expectations, showing significant year-over-year growth.
October 30, 2024 | 12:06 pm
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NEUTRAL IMPACT
Wingstop's Q3 2024 earnings per share of $0.88 missed the consensus estimate of $0.95, but sales of $162.498 million exceeded expectations and showed a 38.76% increase from the previous year.
The mixed results, with EPS missing but sales beating expectations, suggest a neutral short-term impact. The significant sales growth is positive, but the EPS miss could weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100