Recap: First Watch Restaurant Q3 Earnings

First Watch Restaurant Gr FWRG reported its Q3 earnings results on Monday, November 7, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

First Watch Restaurant Gr missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $0.03.

Revenue was up $29.41 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 4.76% increase in the share price the next day.

Here's a look at First Watch Restaurant Gr's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.04 0.05 -0.08 -0.01
EPS Actual 0.05 0.08 -0.08 0.02
Revenue Estimate 174.66M 168.96M 159.66M 151.89M
Revenue Actual 184.45M 173.11M 162.62M 157.44M

To track all earnings releases for First Watch Restaurant Gr visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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