Wingstop (WING) This fall Earnings and Revenues Lag Estimates

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Wingstop (WING) This fall Earnings and Revenues Lag Estimates

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Wingstop (WING) got here out with quarterly earnings of $0.14 per share, lacking the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.15 per share a 12 months in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -22.22%. 1 / 4 in the past, it was anticipated that this restaurant chain would submit earnings of $0.17 per share when it truly produced earnings of $0.20, delivering a shock of 17.65%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two instances.

Wingstop, which belongs to the Zacks Retail – Eating places business, posted revenues of $53.19 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 0.17%. This compares to year-ago revenues of $40.51 million. The corporate has topped consensus income estimates thrice over the past 4 quarters.

The sustainability of the inventory’s…



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