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

Core Insights - First Watch Restaurant Group, Inc. (FWRG) is expected to report quarterly earnings of $0.02 per share, reflecting a year-over-year decline of 50$262.18 million, indicating a 7.2% increase from the same quarter last year [1] Earnings Projections - Analysts have not revised the consensus EPS estimate for the quarter in the past 30 days, suggesting stability in expectations [1] - Changes in earnings projections are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [2] Revenue Breakdown - Franchise revenues are estimated at $2.76 million, representing a decline of 23.1$259.43 million, indicating a year-over-year increase of 7.6% [4] Key Metrics - Same-restaurant sales growth is forecasted at -0.5%, a significant drop from the 5% reported in the same quarter last year [5] - The total number of system-wide restaurants is expected to reach 572, up from 524 in the same quarter last year [5] - Franchise-owned restaurants are projected to total 83, down from 99 year-over-year [5] - Company-owned restaurants are estimated at 488, compared to 425 in the same quarter last year [6] Stock Performance - FWRG shares have decreased by 10.3% over the past month, contrasting with the Zacks S&P 500 composite's decline of 4.1% [6] - The company holds a Zacks Rank of 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [6]