Red Robin Gourmet Burgers (Nasdaq: RRGB ) is expected to report Q2 earnings around Aug. 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Red Robin Gourmet Burgers's revenues will expand 7.1% and EPS will expand 26.9%.
The average estimate for revenue is $239.7 million. On the bottom line, the average EPS estimate is $0.66.
Last quarter, Red Robin Gourmet Burgers tallied revenue of $306.3 million. GAAP reported sales were 2.3% higher than the prior-year quarter's $299.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.66. GAAP EPS of $0.66 for Q1 were 7.0% lower than the prior-year quarter's $0.71 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 22.8%, 30 basis points better than the prior-year quarter. Operating margin was 4.4%, 90 basis points worse than the prior-year quarter. Net margin was 3.1%, 40 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $1.02 billion. The average EPS estimate is $2.21.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 243 members out of 304 rating the stock outperform, and 61 members rating it underperform. Among 107 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 93 give Red Robin Gourmet Burgers a green thumbs-up, and 14 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Red Robin Gourmet Burgers is outperform, with an average price target of $47.85.
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