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Wingstop posts 4Q profit, results beat Wall Street estimates

DALLAS – DALLAS (AP) _ Wingstop Inc. (WING) on Thursday reported fourth-quarter profit of $3.8 million.

On a per-share basis, the Dallas-based company said it had net income of 13 cents.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The restaurant chain posted revenue of $20.6 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $20 million.

For the year, the company reported profit of $10.1 million, or 36 cents per share. Revenue was reported as $78 million.

Wingstop expects full-year revenue in the range of $88 million to $89 million.

Wingstop shares have climbed 10 per cent since the beginning of the year.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WING at http://www.zacks.com/ap/WING

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Keywords: Wingstop, Earnings Report