BJ’s Restaurants (NASDAQ:BJRI) issued its earnings results on Tuesday. The restaurant operator reported $0.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.16, MarketWatch Earnings reports. BJ’s Restaurants had a return on equity of 15.76% and a net margin of 5.35%. The company had revenue of $270.27 million during the quarter, compared to the consensus estimate of $262.89 million. During the same quarter in the prior year, the business earned $0.15 earnings per share. The company’s revenue was up 9.4% compared to the same quarter last year.
NASDAQ:BJRI traded down $0.82 during trading hours on Wednesday, reaching $61.75. 31,985 shares of the stock were exchanged, compared to its average volume of 506,656. The company has a quick ratio of 0.36, a current ratio of 0.44 and a debt-to-equity ratio of 0.37. BJ’s Restaurants has a 52 week low of $30.00 and a 52 week high of $76.50. The company has a market cap of $1.36 billion, a PE ratio of 43.33, a P/E/G ratio of 1.90 and a beta of 0.80.
In other BJ’s Restaurants news, VP Kevin E. Mayer sold 1,846 shares of the stock in a transaction that occurred on Tuesday, September 4th. The stock was sold at an average price of $75.61, for a total transaction of $139,576.06. Following the transaction, the vice president now owns 6,121 shares of the company’s stock, valued at approximately $462,808.81. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Noah A. Elbogen sold 888 shares of the stock in a transaction that occurred on Thursday, September 6th. The stock was sold at an average price of $76.05, for a total value of $67,532.40. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 301,614 shares of company stock worth $21,777,152. 6.80% of the stock is currently owned by company insiders.
BJ’s Restaurants Company Profile
BJ's Restaurants, Inc owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts. As of September 4, 2018, the company owned and operated 201 casual dining restaurants located in the 27 states of Alabama, Arizona, Arkansas, California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Rhode Island, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, and Washington.
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