Red Robin Gourmet Burgers Inc reports results for the quarter ended in March - Earnings Summary

Red Robin Gourmet Burgers

24/05/2023 22:01

* Red Robin Gourmet Burgers Inc  RRGB.OQ  reported quarterly
adjusted earnings of 25 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for a loss of 57 cents per share.
    * Revenue rose 5.7% to $417.97 million from a year ago;
analysts
expected $405.58 million. 
    * Red Robin Gourmet Burgers Inc's reported EPS for the
quarter was
a loss of 19 cents​.
    * The mean earnings estimate of analysts had fallen by
about 46.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Red Robin Gourmet Burgers Inc shares had fallen by 2.5%
this
quarter and gained 150.2% so far this year.
    * The company reported a quarterly loss of $3.1 million.
    * Wall Street's median 12-month price target for Red Robin
Gourmet
Burgers Inc is $13.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
24 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.57          0.25           Beat
 Dec. 31 2022      -0.62          -1.35          Missed
 Sep. 30 2022      -1.12          -1.03          Beat
 Jun. 30 2022      -0.15          -0.75          Missed