Wingstop stock plummets as Q3 profit falls short of estimates

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Shares of Wingstop (WING) are plunging Wednesday after the fast food chain delivered mixed third quarter results. While the company managed to top revenue expectations ($162.5 million vs. estimates for $159,7), its profits fell short of Wall Street estimates with adjusted earnings per share of $0.88 (estimates were for $0.96).

Market Domination's Julie Hyman and Josh Lipton report on the earnings print as Wingstop's stock has fallen by over 20% in Wednesday trading.

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This post was written by Angel Smith