Red Robin (RRGB) reported $417.97 million in earnings for the quarter finished March 2023, standing for a year-over-year rise of 5.7%. EPS of $0.25 for the very same duration contrasts to -$ 0.12 a year back.
The reported earnings stands for a shock of +3.14% over the Zacks Agreement Price Quote of $405.24 million. With the agreement EPS price quote being -$ 0.62, the EPS shock was +140.32%.
While financiers inspect earnings as well as revenues adjustments year-over-year as well as just how they compare to Wall surface Road assumptions to establish their following step, some crucial metrics constantly provide an even more exact photo of a business’s monetary wellness.
As these metrics affect leading- as well as fundamental efficiency, contrasting them to the year-ago numbers as well as what experts approximated aids financiers predict a supply’s rate efficiency much more precisely.
Right Here is just how Red Robin done in the simply reported quarter in regards to the metrics most extensively checked as well as predicted by Wall surface Road experts:
- Variety of dining establishments – Complete: 511 versus the three-analyst typical price quote of 510.33.
- Similar dining establishment earnings – YoY adjustment: 8.6% contrasted to the 7.39% typical price quote based upon 3 experts.
- Profits- Franchise Business as well as various other profits: $11.08 million versus the three-analyst typical price quote of $8.59 million. The reported number stands for a year-over-year adjustment of -25.9%.
- Profits- Dining Establishment earnings: $406.89 million versus the three-analyst typical price quote of $396.65 million. The reported number stands for a year-over-year adjustment of +6.9%.
View all Key Company Metrics for Red Robin here>>>
Shares of Red Robin have actually returned +9% over the previous month versus the Zacks S&P 500 compound’s +0.5% adjustment. The supply presently has a Zacks Ranking # 5 (Solid Market), showing that it can underperform the more comprehensive market in the close to term.
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Red Robin Gourmet Burgers, Inc. (RRGB) : Free Stock Analysis Report
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