BJ's Restaurants Q3 EPS $(0.16) Misses $0.01 Estimate, Sales $318.64M Miss $326.79M Estimate
Portfolio Pulse from totan@benzinga.com
BJ's Restaurants reported Q3 losses of $0.16 per share, missing the analyst consensus estimate of $0.01 by 1700 percent. This is a 128.57 percent decrease over losses from the same period last year. The company also reported quarterly sales of $318.64 million, missing the analyst consensus estimate of $326.79 million by 2.49 percent. However, this is a 2.34 percent increase over sales from the same period last year.
October 26, 2023 | 8:05 pm
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BJ's Restaurants reported a larger than expected loss for Q3, with EPS of $0.16 missing estimates by 1700%. Sales also missed estimates, but showed a slight YoY increase.
The company reported a larger than expected loss and missed sales estimates, which is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
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