Meritage Hospitality Group (MHGU) beats earnings and revenue estimates, stock price increased

From Nasdaq: 2025-03-07 16:10:02

Meritage Hospitality Group Inc. (MHGU) reported quarterly earnings of $0.60 per share, surpassing the Zacks Consensus Estimate of $0.58 per share and showing growth from $0.14 per share a year ago. The company exceeded revenue estimates as well, with a 3.45% earnings surprise and positive estimate revisions.

The stock price of Meritage Hospitality Group has increased by 2.5% since the beginning of the year, outperforming the S&P 500. With a Zacks Rank #2 (Buy), the company is expected to continue to outperform the market in the near future based on favorable estimate revisions and strong earnings outlook.

Dave & Buster’s (PLAY) is another stock in the same industry that is yet to report results for the quarter ended January 2025, with expected decreases in quarterly earnings and revenues. Investors looking for the best stocks to buy can check out Zacks Investment Research for recommendations and tools to make informed decisions.



Read more at Nasdaq: Meritage Hospitality Group Inc. (MHGU) Beats Q4 Earnings and Revenue Estimates