BJ's Restaurants Inc reports results for the quarter ended in December - Earnings Summary

BJs Restaurants

15/02/2024 22:44

* BJ's Restaurants Inc  BJRI.OQ  reported quarterly adjusted
earnings of 34 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 7 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 28 cents per
share. Wall Street expected results to range from 20 cents to 39
cents per share.
    * Revenue fell 6% to $323.64 million from a year ago;
analysts
expected $329.59 million. 
    * BJ's Restaurants Inc's reported EPS for the quarter was 34
cents​.
    * The company reported quarterly net income of $8.05
million.
    * BJ's Restaurants Inc shares had fallen by 3.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for BJ's
Restaurants
Inc is $37.50 

This summary was machine generated from LSEG data February 15 at
10:43 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.28           0.34           Beat
 Sep. 30 2023      0.01           -0.16          Missed
 Jun. 30 2023      0.34           0.50           Beat
 Mar. 31 2023      0.05           0.15           Beat