Red Robin Gourmet Burgers Inc expected to post a loss of 46 cents a share - Earnings Preview

Red Robin Gourmet Burgers

26/02/2024 23:57

* Red Robin Gourmet Burgers Inc  RRGB.OQ   RRGB.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 28 for the period ending December 31 2023
    * The Englewood Colorado-based  company is expected to
report a
5.1% increase in revenue to $304.967 million from $290.09
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Red Robin Gourmet
Burgers Inc
is for a loss of 46 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $16.50​, above​ its last closing price of $8.96.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.82       -0.85      -0.79     Beat    7.1
 Jun. 30 2023  -0.55       -0.54      -0.24     Beat    55.8
 Mar. 31 2023  -0.55       -0.57      0.25      Beat    143.9​
 Dec. 31 2022  -0.63       -0.62      -1.35     Missed  -116.6
 ​​Sep.        -1.11       -1.12      -1.03     Beat    8
 30 2022                                                
 Jun. 30 2022  -0.15       -0.15      -0.75     Missed  -383.9
                                                        ​
 Mar. 31 2022  -0.74       -0.73      -0.12     Beat    83.5
 Dec. 31 2021  -0.62       -0.53      -1.03     Missed  -94.3
 This summary was machine generated February 26 at 23:55 GMT. 
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)