Red Robin Gourmet Burgers (RRGB) Scheduled to Post Quarterly Earnings on Wednesday

Red Robin Gourmet Burgers (NASDAQ:RRGBGet Free Report) will post its quarterly earnings results after the market closes on Wednesday, November 6th. Analysts expect Red Robin Gourmet Burgers to post earnings of ($0.87) per share for the quarter. Red Robin Gourmet Burgers has set its FY 2024 guidance at EPS.

Red Robin Gourmet Burgers (NASDAQ:RRGBGet Free Report) last announced its quarterly earnings data on Thursday, August 22nd. The restaurant operator reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.41) by ($0.07). The company had revenue of $300.15 million during the quarter, compared to analysts’ expectations of $295.57 million. During the same period in the prior year, the company posted ($0.24) earnings per share. On average, analysts expect Red Robin Gourmet Burgers to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Red Robin Gourmet Burgers Trading Up 0.8 %

Shares of Red Robin Gourmet Burgers stock opened at $6.09 on Thursday. The stock has a 50-day moving average price of $4.53 and a 200 day moving average price of $5.95. The company has a market cap of $95.92 million, a P/E ratio of -2.31 and a beta of 2.75. Red Robin Gourmet Burgers has a 1 year low of $2.97 and a 1 year high of $12.80.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Benchmark reduced their price objective on Red Robin Gourmet Burgers from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Tuesday, August 20th. Craig Hallum cut their price target on Red Robin Gourmet Burgers from $15.00 to $11.50 and set a “buy” rating for the company in a research note on Friday, August 23rd. Finally, Lake Street Capital cut their price target on Red Robin Gourmet Burgers from $17.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, August 23rd.

View Our Latest Research Report on RRGB

About Red Robin Gourmet Burgers

(Get Free Report)

Red Robin Gourmet Burgers, Inc, together with its subsidiaries, develops, operates, and franchises casual-dining restaurants, in North America and one Canadian province. Its restaurants primarily offer burgers and pizza, appetizers, salads, soups, other entrees, desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers.

See Also

Earnings History for Red Robin Gourmet Burgers (NASDAQ:RRGB)

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