Cava Group (CAVA) Beats Q2 Earnings Estimates

Cava Group (CAVA) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +23.08%. A quarter ago, it was expected that this Mediterranean restaurant chain would post earnings of $0.14 per share when it actually produced earnings of $0.22, delivering a surprise of +57.14%.Over the last four qu ...