Ruth's Hospitality Group Inc expected to post earnings of 37  cents a share - Earnings Preview

Ruth's Hospitality

03/05/2023 12:20

* Ruth's Hospitality Group Inc  RUTH.OQ   RUTH.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 5. 
    * The Winter Park Florida-based  company is expected to
report  a
11.1% increase in revenue to $140.076 million from $126.13
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ruth's Hospitality
Group
Inc is for earnings of 37 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 Ruth's
Hospitality Group Inc is $18.5​, above​ its last closing price
of $16.03. ​​​

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  0.34        0.33       0.38      Beat    16
 Sep. 30 2022  0.20        0.19       0.16      Missed  -15.8
 Jun. 30 2022  0.31        0.31       0.44      Beat    43.1​
 Mar. 31 2022  0.29        0.30       0.31      Beat    4.2
 ​​Dec.        0.26        0.25       0.34      Beat    37.1
 31 2021                                                
 Sep. 30 2021  0.13        0.12       0.20      Beat    69.5​
 Jun. 30 2021  0.23        0.24       0.36      Beat    52.5
 Mar. 31 2021  0.10        0.10       0.26      Beat    165.3
 This summary was machine generated May 3 at 11:20 GMT.  All
figures in US dollars  unless otherwise stated