Red Robin Gourmet Burgers: Here’s What Investors Need to Know Before Earnings
Red Robin Gourmet Burgers (NASDAQ:RRGB) will report earnings before markets open on Thursday, August 15th. Red Robin Gourmet Burgers Inc. owns and operates a chain of specialty restaurants in the United States and Canada.
Here is your Cheat Sheet to Red Robin Gourmet Burgers Earnings:
Earnings Expectations: Analysts expect earnings of $0.66 per share on revenues of $239.61 million. Currently, the company’s P/E ratio stands at 30.26.
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 $0.36 to a profit $0.33. For the current year, the average estimate is a profit of $2.21, which is worse than the estimate ninety days ago.
Here’s how Red Robin Gourmet Burgers has been performing on an annual basis:
|Revenue ($) in millions||869||841||864||915||977|
|Diluted EPS ($)||1.69||1.14||0.46||1.34||1.93|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||223.68||213.32||240.68||306.35|
|Diluted EPS ($)||0.52||0.24||0.45||0.66|
Red Robin Gourmet Burgers has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)