07:26 AM EST, 03/05/2024 (MT Newswires) -- First Watch Restaurant Group ( FWRG ) reported Q4 net income Tuesday of $0.04 per diluted share, swinging from a net loss of $0.01 per share a year earlier.

Analysts polled by Capital IQ expected net earnings of $0.04 per share.

Revenue for the quarter ended Dec. 31 was $244.6 million, compared with $185.7 million a year earlier.

Analysts polled by Capital IQ expected $237.2 million.

The company said it expects revenue growth of 18% to 20% in 2024. Analysts polled by Capital IQ expect a revenue of $1.03 billion.

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