Bj’s Restaurants Earnings Preview: Get Ahead of the Analysts

BJ’s Restaurants (NASDAQ:BJRI) will report earnings after markets close on Thursday, April 25th. BJ’s Restaurants Inc owns and operates restaurants under the names BJ’s Restaurant & Brewery, BJ’s Pizza & Grill, and BJ’s Restaurant & Brewhouse. The Company’s restaurants are located in Colorado, Oregon, California, Arizona, Texas, and Nevada.

Here is your Cheat Sheet to Bj’s Restaurants Earnings:

Earnings Expectations: Analysts expect earnings of $0.28 per share on revenues of $188.40 million. Currently, the company’s P/E ratio stands at 29.09.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.38 to a profit $0.35. For the current year, the average estimate is a profit of $1.2, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Bj’s Restaurants has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 374.08 426.71 513.86 620.94 708.32
Diluted EPS ($) 0.39 0.48 0.82 1.08 1.09

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 171.77 167.60 180.70 175.22 184.80
Diluted EPS ($) 0.33 0.30 0.31 0.24 0.24

Past Performance:
Bj’s Restaurants has beat analyst estimates time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]