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Market Impact: 0.34

Sweetgreen, Inc. (SG) Reports Q1 Loss, Lags Revenue Estimates

SG
Corporate EarningsCompany FundamentalsAnalyst Estimates

Sweetgreen reported a quarterly loss of $0.27 per share, missing the Zacks Consensus Estimate of a $0.23 loss by $0.04 per share. That also compares with a $0.21 per-share loss a year ago, indicating earnings deterioration year over year. The release is modestly negative and could pressure the stock, but it is a relatively standard earnings update.

Analysis

Sweetgreen reported a quarterly loss of $0.27 per share, missing the Zacks Consensus Estimate of a $0.23 loss by $0.04 per share. That also compares with a $0.21 per-share loss a year ago, indicating earnings deterioration year over year. The release is modestly negative and could pressure the stock, but it is a relatively standard earnings update.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.34

Ticker Sentiment

SG-0.45