Fairway Group Holdings Corp (FWM) to Release Earnings on Thursday
Fairway Group Holdings Corp (NYSE:FWM) is set to release its Q115 earnings data on Thursday, August 7th. Analysts expect Fairway Group Holdings Corp to post earnings of ($0.11) per share and revenue of $196.91 million for the quarter.
Fairway Group Holdings Corp (NYSE:FWM) last issued its quarterly earnings data on Thursday, May 29th. The company reported ($0.21) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.09) by $0.12. The company had revenue of $200.30 million for the quarter, compared to the consensus estimate of $199.20 million. During the same quarter last year, the company posted ($1.17) earnings per share. Fairway Group Holdings Corp’s revenue was up 12.1% compared to the same quarter last year. On average, analysts expect Fairway Group Holdings Corp to post $-0.46 EPS for the current fiscal year and $-0.32 EPS for the next fiscal year.
Fairway Group Holdings Corp (NYSE:FWM) traded down 1.37% on Wednesday, hitting $5.74. 218,179 shares of the company’s stock traded hands. Fairway Group Holdings Corp has a 1-year low of $5.51 and a 1-year high of $27.31. The stock has a 50-day moving average of $6.2 and a 200-day moving average of $7.42. The company’s market cap is $249.3 million.
A number of research firms have recently commented on FWM. Analysts at BMO Capital Markets reiterated a “market perform” rating on shares of Fairway Group Holdings Corp in a research note on Friday, May 30th. They now have a $7.50 price target on the stock, down previously from $8.00. On the ratings front, analysts at Oppenheimer cut their price target on shares of Fairway Group Holdings Corp from $8.00 to $7.00 in a research note on Friday, May 30th. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of Fairway Group Holdings Corp in a research note on Friday, May 30th. They now have a $8.00 price target on the stock, down previously from $12.00. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $9.92.
Fairway Group Holdings Corp. operates in the retail food industry, selling fresh, natural and organic products, prepared foods, and specialty and gourmet offerings along with a assortment of conventional groceries.
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