BJ's Restaurants Q4 2023 Adj EPS $0.34 Beats $0.28 Estimate, Sales $323.60M Miss $329.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
BJ's Restaurants (NASDAQ:BJRI) reported Q4 2023 adjusted EPS of $0.34, surpassing the $0.28 estimate, but sales of $323.60M fell short of the $329.59M forecast, marking a 5.97% decrease from the previous year.
February 15, 2024 | 9:03 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
BJ's Restaurants reported a mixed Q4 2023 with earnings beating estimates but sales missing expectations and showing a year-over-year decline.
The mixed results with an earnings beat but a miss on sales and a year-over-year decline in revenue could lead to neutral short-term stock price movement. Investors might weigh the positive earnings surprise against the sales miss and revenue decline, leading to uncertain short-term price direction.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100