First Watch Restaurant Group, Inc. (FWRG) Q3 Earnings Lag Estimates

Core Insights - First Watch Restaurant Group, Inc. (FWRG) reported quarterly earnings of $0.05 per share, missing the Zacks Consensus Estimate of $0.08 per share, representing an earnings surprise of -37.50% [1] - The company posted revenues of $316.02 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 2.96%, compared to year-ago revenues of $251.61 million [2] - The stock has underperformed the market, losing about 14.8% since the beginning of the year, while the S&P 500 gained 16.5% [3] Earnings Performance - Over the last four quarters, the company has not surpassed consensus EPS estimates [2] - The current consensus EPS estimate for the coming quarter is $0.09 on revenues of $316.84 million, and $0.21 on revenues of $1.21 billion for the current fiscal year [7] Market Outlook - The company's earnings outlook and estimate revisions will be crucial for future stock performance [4] - The Zacks Rank for First Watch Restaurant Group is currently 3 (Hold), indicating expected performance in line with the market [6] - The Retail - Restaurants industry is currently in the bottom 14% of Zacks industries, which may impact stock performance [8]