IRVINE, Calif. (AP) _ Habit Restaurants Inc. (HABT) on Wednesday reported second-quarter earnings of $2 million.
On a per-share basis, the Irvine, California-based company said it had profit of 9 cents.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The operator of fast casual burger restaurants posted revenue of $117.9 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $116.3 million.
Habit Restaurants expects full-year revenue in the range of $462 million to $465 million.
Habit Restaurants shares have dropped nearly 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10, a decrease of 21% in the last 12 months.