Wingstop (WING) Tops Q1 EPS by 14c

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Wingstop (WING) downgraded at Citi as 'cracks are forming in US macro

May 4, 2023 1:31 PM EDT

Citi analyst Jon Tower downgraded Wingstop (NASDAQ: WING) to Neutral from Buy but raised the firm's price target on the stock to $224 from $204 in a note to clients Thursday following the company's latest earnings release.

On Wednesday, Wingstop topped consensus earnings and revenue estimates for the first quarter. However, its shares... More

Wingstop (WING) up 10% as Q1 earnings, revenue tops consensus expectations

May 3, 2023 9:11 AM EDT

Wingstop (NASDAQ: WING) shares rallied more than 10% premarket after impressively beating first-quarter earnings and guidance expectations.

The firm reported Q1 EPS of $0.59, $0.14 above the analyst consensus estimate of $0.45, while revenue for the quarter came in at $108.72 million, smashing the consensus estimate of $99.43... More