Wingstop Inc. stock WING soared 7% in premarket trade Wednesday, after the operator of aviation-themed chicken-wing restaurants beat estimates for the fourth quarter by a comfortable margin. The company posted net income of $17.6 million, or 59 cents a share, for the quarter, up from $6.9 million, or 23 cents a share, in the year-earlier period. Revenue rose 45.6% to $104.9 million. The FactSet consensus was for EPS of 41 cents and revenue of $101.0 million. U.S. same-restaurant sales rose 3.
stock WING soared 7% in premarket trade Wednesday, after the operator of aviation-themed chicken-wing restaurants beat estimates for the fourth quarter by a comfortable margin. The company posted net income of $17.6 million, or 59 cents a share, for the quarter, up from $6.9 million, or 23 cents a share, in the year-earlier period. Revenue rose 45.6% to $104.9 million. The FactSet consensus was for EPS of 41 cents and revenue of $101.0 million. U.S. same-restaurant sales rose 3.