Countdown to First Watch Restaurant Group (FWRG) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS

Wall Street analysts expect First Watch Restaurant Group, Inc. (FWRG) to post quarterly earnings of $0.02 per share in its upcoming report, which indicates a year-over-year decline of 50%. Revenues are expected to be $262.18 million, up 7.2% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.That said, let's delve into the average estimates of some First Watch Restaurant Group metrics that Wall Street analysts commonly model and monitor.Based on the collective assessment of analysts, 'Revenues- Franchise revenues' should arrive at $2.76 million. The estimate points to a change of -23.1% from the year-ago quarter.According to the collective judgment of analysts, 'Revenues- Restaurant sales' should come in at $259.43 million. The estimate indicates a year-over-year change of +7.6%.The average prediction of analysts places 'Same-restaurant sales growth' at -0.5%. Compared to the present estimate, the company reported 5% in the same quarter last year.It is projected by analysts that the 'System-wide Restaurants - Total' will reach 572. Compared to the present estimate, the company reported 524 in the same quarter last year.Analysts expect 'System-wide Restaurants - Franchise-owned' to come in at 83. The estimate is in contrast to the year-ago figure of 99.The consensus estimate for 'System-wide Restaurants - Company-owned' stands at 488. The estimate is in contrast to the year-ago figure of 425.View all Key Company Metrics for First Watch Restaurant Group here>>>First Watch Restaurant Group shares have witnessed a change of -10.3% in the past month, in contrast to the Zacks S&P 500 composite's -4.1% move. With a Zacks Rank #3 (Hold), FWRG is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report First Watch Restaurant Group, Inc. (FWRG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks