$10.18
0.0750.74%
At close: Sep 18, 5:00 PM EST
$10.25
0.070.69%
After Hours: 4:06 PM EST
First Watch Restaurant Group Inc
FWRGNASDAQ
First Watch Restaurant Gr Earnings & Forecasts
First Watch Restaurant Gr (FWRG) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
First Watch Restaurant Gr Guidance
First Watch Restaurant Gr (FWRG) last issued guidance on August 4, 2026 for fiscal year 2026. The company guided revenue in the range of $1.38B - $1.39B for the period.
Compared to prior guidance, First Watch Restaurant Gr raised its revenue forecast from a prior range of $1.34B - $1.37B.
First Watch Restaurant Gr has issued 16 guidance updates between November 7, 2022 and August 4, 2026. During this period, the company raised its outlook 6 times and lowered it 2 times, providing investors with insight into management's evolving expectations.
Recent Earnings Results
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.06 | $-0.03 | $0.07 | $0.07 |
| Actual | $0.04 | $-0.04 | $0.24 | $0.05 |
| Surprise | -33.3% | -33.3% | +242.9% | -28.6% |
| Revenue | ||||
| Estimate | $352.1M | $329.3M | $315.8M | $308.5M |
| Actual | $354.7M | $331.0M | $316.4M | $316.0M |
| Surprise | +0.73% | +0.50% | +0.16% | +2.42% |
Analyst Estimates — Forward PeriodsSource: Wall Street consensus
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $0.05 | $0.08 | $0.01 | $0.08 |
| Revenue | ||||
| Consensus | $349.8M | $353.3M | — | — |
