Wingstop (NASDAQ:WING) reported its Q1 earnings results on Wednesday, May 3, 2023 at 08:01 AM.
Here’s what investors need to know about the announcement.
Earnings
Wingstop beat estimated earnings by 31.11%, reporting an EPS of $0.59 versus an estimate of $0.45.
Revenue was up $32.52 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.19 which was followed by a 2.66% drop in the share price the next day.
Here’s a look at Wingstop’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.41 | 0.36 | 0.36 | 0.40 |
| EPS Actual | 0.60 | 0.45 | 0.45 | 0.34 |
| Revenue Estimate | 100.90M | 89.46M | 86.15M | 85.59M |
| Revenue Actual | 104.87M | 92.67M | 83.78M | 76.20M |
To track all earnings releases for Wingstop visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
