Bravo Brio Restaurant Group
The 10-second takeaway
For the quarter ended March 31 (Q1), Bravo Brio Restaurant Group beat slightly on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew. GAAP earnings per share dropped.
Margins dropped across the board.
Bravo Brio Restaurant Group booked revenue of $103.1 million. The nine analysts polled by S&P Capital IQ looked for revenue of $101.5 million on the same basis. GAAP reported sales were the same as the prior-year quarter's.
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 $0.17. The nine earnings estimates compiled by S&P Capital IQ anticipated $0.17 per share. GAAP EPS of $0.17 for Q1 were 5.6% lower than the prior-year quarter's $0.18 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 16.1%, 140 basis points worse than the prior-year quarter. Operating margin was 5.0%, 80 basis points worse than the prior-year quarter. Net margin was 3.3%, 50 basis points worse than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $110.2 million. On the bottom line, the average EPS estimate is $0.26.
Next year's average estimate for revenue is $428.0 million. The average EPS estimate is $0.91.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 31 members out of 35 rating the stock outperform, and four members rating it underperform. Among 11 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), eight give Bravo Brio Restaurant Group a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Bravo Brio Restaurant Group is outperform, with an average price target of $17.21.
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