Red Robin: Q2 Earnings Snapshot
ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — Red Robin Gourmet Burgers Inc. (RRGB) on Thursday reported second-quarter net income of $3.9 million.
The Englewood, Colorado-based company said it had profit of 24 cents per share. Losses, adjusted for non-recurring gains, came to 24 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 55 cents per share.
The casual restaurant chain posted revenue of $298.6 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $295.3 million.
Red Robin expects full-year revenue of $1.3 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RRGB at https://www.zacks.com/ap/RRGB
