HUNTINGTON BEACH, Calif. (AP) _ BJ's Restaurants Inc. (BJRI) on Thursday reported third-quarter net income of $3.7 million.
The Huntington Beach, California-based company said it had net income of 18 cents per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The restaurant chain posted revenue of $278.7 million in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $278.3 million.
BJ's Restaurants shares have declined 27% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $36.69, a decrease of 42% in the last 12 months.