DALLAS (AP) — DALLAS (AP) — Wingstop Inc. (WING) on Wednesday reported first-quarter earnings of $29.9 million.
The Dallas-based company said it had net income of $1.08 per share. Earnings, adjusted for one-time gains and costs, came to $1.18 per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.02 per share.
The restaurant chain posted revenue of $183.7 million in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $187.1 million.
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