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Stock impact report

Cava Group (CAVA) Laps the Stock Market: Here's Why [Yahoo! Finance]

CAVA Group, Inc. (CAVA) 
Company Research Source: Yahoo! Finance
The stock's change was more than the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%. Heading into today, shares of the Mediterranean restaurant chain had gained 7.66% over the past month, outpacing the Retail-Wholesale sector's loss of 0.42% and the S&P 500's gain of 1.47% in that time. The upcoming earnings release of Cava Group will be of great interest to investors. The company's earnings report is expected on November 12, 2024. The company is predicted to post an EPS of $0.11, indicating an 83.33% growth compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $234.45 million, up 33.55% from the prior-year quarter. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.43 per share and revenue of $940.19 million, which would represent changes of +104.76% and +29.02%, respectively, from the prior year. Fu Show less Read more
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