These Analysts Slash Their Forecasts On Wingstop After Q3 Results
Portfolio Pulse from Avi Kapoor
Wingstop reported mixed Q3 results, missing EPS estimates but beating sales expectations. The company declared a dividend and updated its FY24 guidance. Analysts have lowered their price targets for Wingstop, though they maintain positive ratings.
October 31, 2024 | 4:16 pm
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Wingstop's Q3 results showed an EPS miss but a sales beat. The company declared a dividend and updated its FY24 guidance. Analysts have lowered their price targets but maintain positive ratings.
Wingstop's mixed Q3 results, with an EPS miss but sales beat, led to analysts lowering their price targets. However, the reaffirmation of strong sales growth and updated guidance suggest stability. The dividend declaration adds a positive note, balancing the short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100