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Wingstop Inc(WING-Q)
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Wingstop (WING) To Report Earnings Tomorrow: Here Is What To Expect

StockStory - Tue Feb 20, 1:01AM CST

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Fast-food chain Wingstop (NASDAQ:WING) will be reporting earnings tomorrow morning. Here's what to expect.

Last quarter Wingstop reported revenues of $117.1 million, up 26.4% year on year, beating analyst revenue expectations by 7.3%. It was a stunning quarter for the company, with an impressive beat ofย analysts' revenue estimates.ย Its adjusted EBITDA and EPS also outperformed Wall Street's estimates.

Is Wingstop buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Wingstop's revenue to grow 14.4% year on year to $119.9 million, slowing down from the 45.6% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.57 per share.

Wingstop Total Revenue

The analysts covering the company have been growing increasingly bullish about the business heading into the earnings, with revenue estimates seeing six upward revisions over the last thirty days.The company missed Wall St's revenue estimates three times over the last two years.

Looking at Wingstop's peers in the restaurants segment, some of them have already reported Q4 earnings results, giving us a hint what we can expect. Chipotle delivered top-line growth of 15.4% year on year, beating analyst estimates by 1.1% and Shake Shack reported revenues up 20% year on year, exceeding estimates by 2.2%. Chipotle traded up 2.1% on the results, and Shake Shack was up 7.8%.

Read our full analysis of Chipotle's results here and Shake Shack's results here.

There has been positive sentiment among investors in the restaurants segment, with the stocks up on average 2.9% over the last month. Wingstop is up 13.2% during the same time, and is heading into the earnings with analyst price target of $277.7, compared to share price of $318.8.

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