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FX.co ★ Wingstop Inc Profit Climbs In Q2, Beats Estimates

Wingstop Inc Profit Climbs In Q2, Beats Estimates

Wingstop Inc. (WING) has reported a significant rise in its second-quarter earnings, surpassing market expectations.

The company's earnings reached $27.49 million, or $0.93 per share, compared to $16.18 million, or $0.54 per share, in the same quarter last year.

According to Thomson Reuters, analysts had anticipated an average earning of $0.82 per share, typically excluding special items.

Additionally, the company's revenue for the quarter saw a significant increase of 45.3%, rising to $155.70 million from $107.17 million in the previous year.

Summary of Wingstop Inc. Q2 earnings (GAAP):

- Earnings: $27.49 million vs. $16.18 million last year

- EPS: $0.93 vs. $0.54 last year

- Revenue: $155.70 million vs. $107.17 million last year

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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