Red Robin Gourmet Burgers Inc expected to post a loss of 15  cents a share - Earnings Preview

Red Robin Gourmet Burgers

09/08/2022 03:04

* Red Robin Gourmet Burgers Inc  RRGB.OQ   RRGB.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 10. 
    * The Englewood Colorado-based  company is expected to
report  a
7.9% increase in revenue to $298.745 million from $276.98
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Red Robin Gourmet
Burgers
Inc is for a loss of 15 cents per share. For the same quarter
last year, the company reported a loss of 22 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Red Robin
Gourmet
Burgers Inc is $22.5​, above​ its last closing price of $10.19.
​​​

This summary was machine generated August 9 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated