FWRG
First Watch Restaurant Group Inc
NASDAQ: FWRG · CONSUMER CYCLICAL · RESTAURANTS
$12.91
+0.39% today
Updated 2026-04-29
Market cap
$792.50M
P/E ratio
41.48
P/S ratio
0.65x
EPS (TTM)
$0.31
Dividend yield
—
52W range
$10 – $20
Volume
1.9M
First Watch Restaurant Group Inc (FWRG) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
4 of 8
Last 8 quarters
Avg EPS surprise
+40.5%
Last 4 quarters
Revenue YoY growth
+20.2%
Most recent quarter
EPS YoY growth
+2468.0%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+6.9%
Last 3 reports
Positive reaction rate
67%
2 of 3 quarters
Largest single-day move
+13.2%
2025-11-04
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-03-10 | $0.26 | +241.5% | $12.66 | $12.44 | -1.7% |
| 2025-11-04 | $0.05 | -28.6% | $15.85 | $17.94 | +13.2% |
| 2025-08-05 | $0.03 | -50.0% | $17.24 | $18.83 | +9.2% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $0.08 | $0.26 | +241.5% | $316.35M | +20.2% |
| 2025-09-30 | $0.07 | $0.05 | -28.6% | $316.02M | +25.6% |
| 2025-06-30 | $0.06 | $0.03 | -50.0% | $307.89M | +19.1% |
| 2025-03-31 | $0.03 | $-0.01 | -140.1% | $282.24M | +16.4% |
| 2024-12-31 | $0.00 | $0.01 | +203.0% | $263.29M | +7.6% |
| 2024-09-30 | $0.04 | $0.03 | -25.0% | $251.61M | +14.8% |
| 2024-06-30 | $0.12 | $0.14 | +16.7% | $258.56M | +19.5% |
| 2024-03-31 | $0.10 | $0.12 | +20.0% | $242.45M | — |
| 2023-12-31 | $0.04 | $0.04 | +0.0% | $244.63M | — |
| 2023-09-30 | $0.04 | $0.09 | +125.0% | $219.21M | — |
| 2023-06-30 | $0.08 | $0.13 | +62.5% | $216.30M | — |
Frequently asked questions
Has First Watch Restaurant Group Inc beaten earnings estimates?
First Watch Restaurant Group Inc has beaten Wall Street EPS estimates in 4 of its last 8 quarterly reports, with an average EPS surprise of +40.5% over the last 3 quarters.
How does FWRG stock react to earnings?
FWRG stock has moved an average of +6.9% in the trading day following earnings over its last 3 reports, with positive reactions in 67% of those quarters.
What is First Watch Restaurant Group Inc's revenue growth rate?
First Watch Restaurant Group Inc reported year-over-year revenue growth of +20.2% in its most recent quarter, with EPS growing +2468.0% year-over-year.