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Stock impact report

Cava Group (CAVA) Rises But Trails Market: What Investors Should Know [Yahoo! Finance]

CAVA Group, Inc. (CAVA) 
Company Research Source: Yahoo! Finance
This move lagged the S&P 500's daily gain of 2.51%. On the other hand, the Dow registered a gain of 2.66%, and the technology-centric Nasdaq increased by 2.71%. Shares of the Mediterranean restaurant chain witnessed a loss of 11.03% over the previous month, trailing the performance of the Retail-Wholesale sector with its loss of 6.97% and the S&P 500's loss of 8.86%. The investment community will be paying close attention to the earnings performance of Cava Group in its upcoming release. The company is expected to report EPS of $0.14, up 16.67% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $330.56 million, reflecting a 27.63% rise from the equivalent quarter last year. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.55 per share and revenue of $1.19 billion, which would represent changes of +30.95% and +23.92%, respectively, from the prior year. It's also important for investors to be Show less Read more
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