BJ's Restaurants Q2 2024 Adj EPS $0.72 Beats $0.51 Estimate, Sales $349.00M Miss $349.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
BJ's Restaurants (NASDAQ:BJRI) reported Q2 2024 adjusted EPS of $0.72, beating the analyst estimate of $0.51 by 41.18%. However, sales of $349.00 million slightly missed the estimate of $349.39 million and decreased by 0.19% compared to the same period last year.
July 25, 2024 | 8:06 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
BJ's Restaurants reported strong Q2 2024 EPS of $0.72, significantly beating estimates, but sales slightly missed expectations and decreased year-over-year.
The significant beat on EPS is a positive indicator for investors, suggesting better-than-expected profitability. However, the slight miss on sales and the year-over-year decrease may temper some of the enthusiasm. Overall, the strong EPS performance is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100