BJ's Restaurants Inc reports results for the quarter ended in September 30 - Earnings Summary

BJs Restaurants

01/11/2024 03:01

* BJ's Restaurants Inc  BJRI.OQ  reported a quarterly
adjusted
loss of 13 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of -16 cents.  The mean expectation of ten analysts
for the quarter was for earnings of 2 cents per share. Wall
Street expected results to range from -2 cents to 14 cents per
share.
    * Revenue rose 2.2% to $325.70 million from a year ago;
analysts
expected $325.29 million. 
    * BJ's Restaurants Inc's reported EPS for the quarter was a
loss
of 13 cents​.
    * The company reported a quarterly loss of $2.93 million.
    * BJ's Restaurants Inc shares had risen by 15.0% this
quarter and
gained 4.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is also "hold"

Wall Street's median 12-month price target for BJ's Restaurants
Inc is $41.00 
This summary was machine generated from LSEG data November 1 at
03:00 a.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
 Sep. 30 2024      0.02           -0.13          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