Group 1 - Cava Group (CAVA) is expected to report quarterly earnings of $0.14 per share, a 16.7% increase year-over-year, with revenues forecasted at $330.46 million, reflecting a 27.6% year-over-year growth [1] - There has been a downward revision of 0.8% in the consensus EPS estimate for the quarter over the past 30 days, indicating a collective reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock price performance [3] Group 2 - Analysts estimate 'Revenue- CAVA Restaurant' to be $326.88 million, indicating a 27.5% year-over-year increase, with 'End of period CAVA Restaurants' projected at 382, up from 323 a year ago [5] - The average prediction for 'Occupancy as a percentage of CAVA Revenue' is 7.6%, down from 8% in the previous year [5] - 'Restaurant-Level profit- CAVA' is forecasted to reach $83.01 million, compared to $64.62 million in the same quarter last year [6]
What Analyst Projections for Key Metrics Reveal About Cava (CAVA) Q1 Earnings