Wingstop Inc. (NASDAQ: WING) stock plunged 6.88% in pre-market trading on Wednesday, following the company's fourth-quarter earnings report that beat earnings estimates but missed revenue expectations.
The fast-food chain reported earnings per share of $0.92, surpassing the analyst consensus estimate of $0.87 by 5.75%. However, the company's quarterly revenue of $161.82 million fell short of the analyst consensus estimate of $164.54 million by 1.65%.
While Wingstop's earnings grew by an impressive 43.75% year-over-year, the weaker-than-expected revenue performance appears to have weighed on investor sentiment, leading to the pre-market sell-off. Investors may be concerned about the company's ability to sustain its growth momentum, given the missed revenue target.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。