RED ROBIN (RRGB)
EARNINGS RELEASE - AUGUST 11 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -3.30/share REV: 166/M
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LAST QTR: EPS: -.45/share ACTUAL: -1.73/share (MISS)
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NEXT QTR: EPS: -1.62/share REV: 219/M
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FULL YR: EPS: -11.40/share REV: 948/M
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BEAT/MISS RECORD: 57% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -14.04, 18.49, -13.25
EXPECTED JUMP MOVE THIS QUARTER: 12%
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Links To Latest News and Headlines
Red Robin (RRGB) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues.
Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) (“Red Robin” or the “Company”), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced the appointment of Darla Morse as Executive Vice President and Chief Information Officer, effective April 12, 2021. In her new role, she will lead the company’s enterprise technology strategy and implementation at Red Robin, including digital platforms, corporate and restaurant systems, data management, security and infrastructure.
Red Robin (RRGB) off-premise sales increase sharply compared with the pre-COVID-19 levels. However, dismal comps owing to the pandemic remain a concern.
Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) (“Red Robin” or the “Company”), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today announced it has appointed Anddria Varnado as an independent Director to its Board, effective immediately.
The restaurant industry, represented by the Dow Jones U.S. Restaurants & Bars Index, has underperformed the broader market with a total return of 55.2% over the past 12 months, as of March 15, 2021. By comparison, the Russell 1000’s total return over the past year is 66.1%, as of March 12, 2021. Here are the top 3 restaurant stocks with best value, fastest growth, and most momentum.
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Avg Daily Volume: 1,230,999 Market Cap: 101.24M
Sector: Services Short Interest: 54.84
Ticker delayed 20 minutes
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by Team Stockjumpers