Red Robin Gourmet Burgers Q1 EPS $0.25 Beats $(0.57) Estimate, Sales $417.97M Beat $405.58M Estimate
Portfolio Pulse from Benzinga Newsdesk
Red Robin Gourmet Burgers reported Q1 earnings of $0.25 per share, beating the analyst consensus estimate of $(0.57) by 143.86%. Quarterly sales were $417.97 million, surpassing the estimate of $405.58 million by 3.05%.
May 24, 2023 | 8:10 pm
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Red Robin Gourmet Burgers reported better-than-expected Q1 earnings and sales, with EPS of $0.25 and sales of $417.97 million.
Red Robin Gourmet Burgers reported strong Q1 results, beating both earnings and sales estimates. This positive news is likely to have a short-term positive impact on the stock price, as investors may view the company's performance as a sign of growth and recovery.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100