Cava Group (CAVA) has announced that it will be releasing its financial results for the second quarter of 2024 on Thursday 22nd August 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.
Financial experts on Wall Street anticipate that the establishment is set to announce an estimated $0.12 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $219.5 million for this specific period.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $0.21 per share.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $903.97 million. Additionally, they expect the company to post profit of $0.34 per share for the fiscal year.
Throughout the previous trading day, Cava Group (CAVA) shares fluctuated between $97.35 and $102.89, with a trading volume of 2.41 million shares. The stock ended Wednesday's regular trading session at $102.87, demonstrating an upturn of 4.74 percent.
