A Preview Of Red Robin Gourmet Burgers's Earnings
Portfolio Pulse from Benzinga Insights
Red Robin Gourmet Burgers (NASDAQ:RRGB) is set to release its latest quarterly earnings report on August 17, 2023. Analysts estimate an earnings per share (EPS) of $-0.54. The company's stock price often reacts more to the guidance provided than the earnings beat or miss. Last quarter, the company beat EPS by $0.82, resulting in a 1.31% increase in the share price the next day. Over the last 52-week period, shares are up 31.73%.
August 16, 2023 | 3:02 pm
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Red Robin Gourmet Burgers is expected to report an EPS of $-0.54. The company's stock price often reacts more to the guidance provided than the earnings beat or miss. Last quarter, the company beat EPS by $0.82, resulting in a 1.31% increase in the share price the next day.
The company's stock price often reacts more to the guidance provided than the earnings beat or miss. Last quarter, the company beat EPS by $0.82, resulting in a 1.31% increase in the share price the next day. Given this, the upcoming earnings report could have a significant impact on the stock price, depending on the guidance provided.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100