Ruby Tuesday (NYSE: RT ) reported earnings on Jan. 9. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 4 (Q2), Ruby Tuesday met expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue contracted slightly and GAAP loss per share expanded.
Gross margins grew, operating margins contracted, net margins contracted.
Ruby Tuesday logged revenue of $304.2 million. The seven analysts polled by S&P Capital IQ predicted a top line of $305.0 million on the same basis. GAAP reported sales were 1.0% lower than the prior-year quarter's $307.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.07. The seven earnings estimates compiled by S&P Capital IQ anticipated -$0.06 per share. GAAP EPS were -$0.24 for Q2 against -$0.03 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 16.5%, 260 basis points better than the prior-year quarter. Operating margin was -1.3%, 220 basis points worse than the prior-year quarter. Net margin was -5.0%, 430 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $323.6 million. On the bottom line, the average EPS estimate is $0.14.
Next year's average estimate for revenue is $1.31 billion. The average EPS estimate is $0.29.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 122 members out of 242 rating the stock outperform, and 120 members rating it underperform. Among 80 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 48 give Ruby Tuesday a green thumbs-up, and 32 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ruby Tuesday is outperform, with an average price target of $7.50.
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