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

BJs Restaurants

25/07/2024 22:01

* BJ's Restaurants Inc  BJRI.OQ  reported quarterly adjusted
earnings of 72 cents​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 50 cents.  The mean expectation of ten analysts
for the quarter was for earnings of 51 cents per share. Wall
Street expected results to range from 45 cents to 64 cents per
share.
    * Revenue rose 0.1% to $349.93 million from a year ago;
analysts
expected $349.39 million. 
    * BJ's Restaurants Inc's reported EPS for the quarter was 72
cents​.
    * The company reported quarterly net income of $17.16
million.
    * BJ's Restaurants Inc shares had risen by 3.5% this
quarter and
lost 0.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is also "buy"

Wall Street's median 12-month price target for BJ's Restaurants
Inc is $42.00 
This summary was machine generated from LSEG data July 25 at
09:01 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
 Jun. 30 2024      0.51           0.72           Beat
 Mar. 31 2024      0.17           0.32           Beat
 Dec. 31 2023      0.28           0.34           Beat
 Sep. 30 2023      0.01           -0.16          Missed