FIRST WATCH RESTAURANT GROUP (FWRG) Earnings History & Surprises
NASDAQ:FWRG • US33748L1017
11.7 USD
-0.74 (-5.95%)
At close: Mar 12, 2026
11.8 USD
+0.1 (+0.85%)
Pre-Market: 3/13/2026, 7:37:21 AM
Past quarterly earnings results for FIRST WATCH RESTAURANT GROUP (FWRG), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).
Earnings Snapshot
Next Earnings Date
Release DateMay 4, 2026
PeriodQ1 / 2026
EPS Estimate-$0.03
Revenue Estimate335.55M
Last Reported
Release DateFeb 24, 2026
PeriodQ4 / 2025
EPS Reported$0.24
EPS Surprise 236.66%
Revenue Surprise -2.14%
Beat Rate
25%
EPS and Revenuebeats vs estimates
Quarterly Earnings Results
EPS & Revenue History (USD)
Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.
| Quarter | EPS | EPS Est | EPS Surprise | EPS Q2Q | Revenue | Revenue Est | Revenue Surprise | Revenue Q2Q |
|---|---|---|---|---|---|---|---|---|
| Q4 2025 | 0.24 | 0.07 | 236.66% | 2,300.00% | 316.352M | 323.27M | -2.14% | 20.15% |
| Q3 2025 | 0.05 | 0.07 | -25.73% | 47.06% | 316.022M | 315M | 0.32% | 25.60% |
| Q2 2025 | 0.03 | 0.05 | -44.27% | -78.57% | 307.887M | 312.68M | -1.53% | 19.08% |
| Q1 2025 | -0.01 | 0.03 | -130.75% | -108.33% | 282.24M | 288.95M | -2.32% | 16.41% |
| Q4 2024 | 0.01 | 0.02 | -53.09% | -75.00% | 263.291M | 270.27M | -2.58% | 7.63% |
| Q3 2024 | 0.03 | 0.05 | -26.42% | -62.22% | 251.609M | 261.41M | -3.75% | 14.78% |
| Q2 2024 | 0.14 | 0.12 | 12.04% | 7.69% | 258.561M | 263.41M | -1.84% | 19.54% |
| Q1 2024 | 0.12 | 0.10 | 23.66% | -20.00% | 242.449M | 250.33M | -3.15% | 14.68% |
| Q4 2023 | 0.04 | 0.04 | 8.93% | 500.00% | 244.633M | 242.28M | 0.97% | 31.74% |
| Q3 2023 | 0.09 | 0.04 | 122.65% | - | 219.212M | 220.13M | -0.42% | 17.29% |
| Q2 2023 | 0.13 | 0.08 | 63.13% | 160.00% | 216.3M | 214.51M | 0.83% | 17.24% |
| Q1 2023 | 0.15 | 0.09 | 73.01% | 87.50% | 211.406M | 212.59M | -0.56% | 22.13% |
| Q4 2022 | -0.01 | 0.03 | -139.61% | 75.00% | 185.7M | 190.99M | -2.77% | 14.21% |
| Q3 2022 | 0.00 | 0.04 | -100.00% | -100.00% | 186.9M | 184.36M | 1.38% | 18.74% |
| Q2 2022 | 0.05 | 0.04 | 33.93% | - | 184.5M | 178.15M | 3.56% | - |
| Q1 2022 | 0.08 | 0.05 | 51.15% | - | 173.1M | 172.34M | 0.44% | - |
| Q4 2021 | -0.04 | -0.07 | 41.73% | - | 162.6M | 162.57M | 0.02% | - |
| Q3 2021 | 0.02 | -0.01 | 409.76% | - | 157.4M | 154.93M | 1.59% | - |
| Q2 2021 | - | - | - | - | ||||
| Q4 2020 | - | - | - | - | ||||
| Q2 2020 | - | - | - | - |
Notes
- EPS and Revenue values are non-GAAP when available, otherwise GAAP.
- Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
- Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
- Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.
Earnings Q2Q Performance Trends
EPS Historical Q2Q growth and Acceleration
Revenue Historical Q2Q growth and Acceleration
Surprise distribution (Last 4 Quarters)
EPS beat statistics
EPS beat (4)
1
Average EPS beat (4)
8.98%
Max EPS beat (4)
236.66%
Min EPS beat (4)
-130.75%
Revenue beat statistics
Revenue beat (4)
1
Average Revenue beat (4)
-1.42%
Max Revenue beat (4)
0.32%
Min Revenue beat (4)
-2.32%
Analysis
In the last 4 quarters, FWRG has beaten EPS estimates in 1 out of 4 releases
FWRG has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, FWRG has beaten the EPS estimates by 9.0% on average.
In the last 4 quarters, FWRG reported -1.4% below the revenue estimates on average.
FIRST WATCH RESTAURANT GROUP / FWRG Earnings FAQ
When did FIRST WATCH RESTAURANT GROUP (FWRG) report earnings last quarter?
FIRST WATCH RESTAURANT GROUP (FWRG) last reported earnings on 2/24/2026.
Did FWRG stock beat earnings estimates in the most recent quarter?
FIRST WATCH RESTAURANT GROUP (FWRG) beat EPS estimates and missed revenue estimates in the most recent quarter.
Can you provide information on how often FIRST WATCH RESTAURANT GROUP beats earnings estimates?
In the last 4 quarters, FIRST WATCH RESTAURANT GROUP (FWRG) has beaten EPS estimates in 1 out of 4 releases.