Wingstop Inc (WING, Financial) is set to release its Q3 2024 earnings on Oct 30, 2024. The consensus estimate for Q3 2024 revenue is $161.54 million, and the earnings are expected to come in at $0.95 per share. The full year 2024's revenue is expected to be $626.52 million and the earnings are expected to be $3.79 per share. More detailed estimate data can be found on the Forecast page.
Wingstop Inc (WING, Financial) Estimate Trends
Over the past 90 days, revenue estimates for Wingstop Inc (WING) for the full year 2024 have increased from $590.92 million to $626.52 million, and for 2025, estimates have risen from $692.43 million to $742.25 million. Earnings estimates have also seen an upward revision, with forecasts for 2024 increasing from $3.49 per share to $3.79 per share, and for 2025, from $4.22 per share to $4.69 per share.
Wingstop Inc (WING, Financial) Reported History
In the previous quarter of June 30, 2024, Wingstop Inc's (WING) actual revenue was $155.70 million, which beat analysts' revenue expectations of $144.01 million by 8.12%. Wingstop Inc's (WING) actual earnings were $0.93 per share, which beat analysts' earnings expectations of $0.807 per share by 15.24%. After releasing the results, Wingstop Inc (WING) was down by -0.71% in one day.
Wingstop Inc (WING, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 19 analysts, the average target price for Wingstop Inc (WING) is $428.11 with a high estimate of $490 and a low estimate of $360. The average target implies an upside of 16.16% from the current price of $368.56.
Based on GuruFocus estimates, the estimated GF Value for Wingstop Inc (WING, Financial) in one year is $377.60, suggesting an upside of 2.45% from the current price of $368.56.
Based on the consensus recommendation from 25 brokerage firms, Wingstop Inc's (WING, Financial) average brokerage recommendation is currently 2.2, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
