Earnings Outlook For Red Robin Gourmet Burgers
Portfolio Pulse from Benzinga Insights
Red Robin Gourmet Burgers (NASDAQ:RRGB) is set to release its latest quarterly earnings report on May 24, 2023. Analysts estimate an EPS of $-0.57. Last quarter, the company missed EPS by $0.73, followed by a 27.14% increase in share price the next day. Shares are currently trading at $14.08 and have risen 79.62% over the last 52-week period.
May 23, 2023 | 4:00 pm
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Red Robin Gourmet Burgers is set to release its quarterly earnings report with an estimated EPS of $-0.57. Last quarter, the company missed EPS by $0.73, followed by a 27.14% increase in share price.
The upcoming earnings report will have a direct impact on Red Robin Gourmet Burgers' stock price. However, it is difficult to predict the short-term price direction based on the news alone, as the stock's reaction to past earnings reports has been mixed. The estimated EPS of $-0.57 and the company's past performance make it challenging to determine whether the stock price will go up or down in the short term.
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