Earnings Results
First Watch Restaurant Gr (NASDAQ:FWRG) reported quarterly earnings results on November 03, 2026 that exceeded analyst expectations.
The Consumer Cyclical company reported earnings per share of $0.08, beating the consensus estimate of $0.03 by $0.05 per share. Revenue came in at $349.9M, beating the estimate of $349.3M.
Company Overview
First Watch Restaurant Gr's stock moved following the earnings release. The stock currently trades at $13.70 with a market capitalization of $1.0B.
First Watch Restaurant Gr's earnings outperformance reflects execution that exceeded Wall Street's expectations. Earnings beats can lead to upward estimate revisions from analysts, which often correlate with sustained stock price appreciation over the following weeks as models are updated.
The 167% beat relative to consensus estimates is a notable deviation. Earnings surprises of this magnitude often trigger analyst revisions and can influence institutional positioning in the weeks following the report.
Earnings reports are most useful when viewed as part of a trend rather than in isolation. Investors tracking First Watch Restaurant Gr should compare this quarter's results against both year-over-year figures and sequential performance to identify whether the business is accelerating, stabilizing, or decelerating. The earnings calendar on Smart Investors Daily tracks upcoming report dates across all publicly traded companies.
First Watch Restaurant Gr Earnings History
| Quarter | EPS Actual | EPS Est. | Surprise |
| Q3 (Nov 2026) | $0.08 | $0.03 | +166.7% |
| Q2 (Aug 2026) | $0.04 | $0.06 | -33.3% |
| Q1 (May 2026) | $-0.04 | $-0.03 | -33.3% |
| Q4 (Feb 2026) | $0.24 | $0.07 | +242.9% |
Related Tools: Earnings Calendar | View FWRG Stock Page
Frequently Asked Questions
When does First Watch Restaurant Gr report earnings?
Check the latest earnings dates on our FWRG earnings page or the Earnings Calendar.
Did FWRG beat earnings estimates?
See the full Q3 results including EPS actual vs estimate on our FWRG earnings page.