Red Robin Gourmet Burgers Inc expected to post a loss of 57 cents a share - Earnings Preview

Red Robin Gourmet Burgers

22/05/2023 21:31

* Red Robin Gourmet Burgers Inc  RRGB.OQ   RRGB.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 24. 
    * The Englewood Colorado-based  company is expected to
report  a
2.5% increase in revenue to $405.583 million from $395.55
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Red Robin Gourmet
Burgers
Inc is for a loss of 57 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 $13.25​, below​ its last closing price of $13.86.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.63       -0.62      -1.35     Missed  -116.6
 Sep. 30 2022  -1.11       -1.12      -1.03     Beat    8
 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.        -0.62       -0.53      -1.03     Missed  -94.3
 31 2021                                                
 Sep. 30 2021  -0.53       -0.53      -0.88     Missed  -66​
 Jun. 30 2021  0.04        0.00       -0.22     Missed  -5,600
 Mar. 31 2021  -1.15       -1.16      -0.30     Beat    74.1
 This summary was machine generated May 22 at 20:31 GMT.  All
figures in US dollars  unless otherwise stated