Wingstop: Fourth Quarter Earnings Overview
Wingstop Reports Fourth Quarter Financial Results
Wingstop Inc., headquartered in Dallas, announced a net profit of $26.8 million for the fourth quarter.
The company’s earnings translated to 96 cents per share, while adjusted earnings, which exclude certain one-time items, reached $1 per share.
These adjusted earnings exceeded analysts’ expectations, as a consensus of seven analysts polled by Zacks Investment Research had predicted earnings of 84 cents per share.
During the quarter, Wingstop generated $175.7 million in revenue, slightly below the $176.3 million forecasted by six Zacks analysts.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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