Investing.com - Wingstop Inc reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Wingstop Inc announced earnings per share of $0.45 on revenue of $92.67. Analysts polled by Investing.com anticipated EPS of $0.36 on revenue of $89.74M.
Wingstop Inc shares are down 27% from the beginning of the year and are trading at $146.01 , down-from-52-week-high.
Wingstop Inc shares gained 8.28% in pre-market trade the report.
Wingstop Inc follows other major Consumer Discretionary sector earnings this month
Wingstop Inc's report follows an earnings beat by Tesla on Wednesday, October 19, 2022, who reported EPS of $1.05 on revenue of $21.45B, compared to forecasts EPS of $1.03 on revenue of $22.5B.
Nike had beat expectations on Thursday, September 29, 2022 with first quarter EPS of $0.93 on revenue of $12.69B, compared to forecast for EPS of $0.922 on revenue of $12.28B.
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