BJ's Restaurants Inc BJRI.OQ reported quarterly adjusted earnings of 97 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of seven analysts for the quarter was for earnings of 72 cents per share. Wall Street expected results to range from 62 cents to 81 cents per share.
Revenue rose 4.5% to $365.60 million from a year ago; analysts expected $364.44 million.
BJ's Restaurants Inc's reported EPS for the quarter was 97 cents.
The company reported quarterly net income of $22.21 million.
BJ's Restaurants Inc shares had fallen by 17.7% this quarter and gained 4.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 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 1 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is "buy."
Wall Street's median 12-month price target for BJ's Restaurants Inc is $40.00, about 8.2% above its last closing price of $36.72
This summary was machine generated from LSEG data July 31 at 09:00 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)