Red Robin Gourmet Burgers Inc expected to post a loss of 96 cents a share - Earnings Preview

Red Robin Gourmet Burgers

28/10/2024 13:01

* Red Robin Gourmet Burgers Inc  RRGB.OQ   RRGB.O  is
expected
to show a fall in quarterly revenue when it reports  results on
October 30 (estimated) for the period ending September 30 2024
    * The Englewood Colorado-based  company is expected to
report a
2.5% decrease in revenue to $270.747 million from $277.56
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Red Robin Gourmet
Burgers Inc
is for a loss of 96 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 15.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Red Robin
Gourmet
Burgers Inc is 10.75​, above​ its last closing price of $5.85.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.47       -0.46      -0.48     Missed  -5.3
 Jan. 1 2024   -0.68       -0.62      -0.80     Missed  -28.2
 Dec. 31 2023  -0.47       -0.46      -0.66     Missed  -43.5​
 Sep. 30 2023  -0.82       -0.85      -0.79     Beat    7.1
 ​​Jun.        -0.55       -0.54      -0.24     Beat    55.8
 30 2023                                                
 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. 30 2022  -1.11       -1.12      -1.03     Beat    8
 This summary was machine generated October 28 at 13:01 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)