Sweetgreen SG reported its Q4 earnings results on Thursday, February 29, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Sweetgreen missed estimated earnings by -14.000000000000002%, reporting an EPS of $-0.24 versus an estimate of $-0.21.
Revenue was up $34.46 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 12.0% drop in the share price the next day.
Here's a look at Sweetgreen's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.17 | -0.16 | -0.35 | -0.35 |
| EPS Actual | -0.22 | -0.20 | -0.30 | -0.44 |
| Revenue Estimate | 154.03M | 156.70M | 126.01M | 124.70M |
| Revenue Actual | 153.43M | 152.53M | 125.06M | 118.57M |
To track all earnings releases for Sweetgreen visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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