Red Robin Gourmet Burgers Inc RRGB.OQ RRGB.O is expected to show a fall in quarterly revenue when it reports results on February 26 for the period ending December 31 2024
The Englewood Colorado-based company is expected to report a 8.8% decrease in revenue to $281.882 million from $309.03 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on January 13 2025, for the period ended December 31, was for revenue of $285.200 million.
LSEG's mean analyst estimate for Red Robin Gourmet Burgers Inc is for a loss of 58 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Red Robin Gourmet Burgers Inc is $10.00, above its last closing price of $4.89.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.95 | -0.96 | -1.13 | Missed | -18 |
Jun. 30 2024 | -0.47 | -0.46 | -0.48 | Missed | -5.3 |
Mar. 31 2024 | -0.68 | -0.62 | -0.80 | Missed | -28.2 |
Dec. 31 2023 | -0.47 | -0.46 | -0.66 | Missed | -43.5 |
Sep. 30 2023 | -0.82 | -0.85 | -0.79 | Beat | 7.1 |
Jun. 30 2023 | -0.55 | -0.54 | -0.24 | Beat | 55.8 |
Mar. 31 2023 | -0.55 | -0.57 | 0.25 | Beat | 143.9 |
Dec. 31 2022 | -0.63 | -0.62 | -1.35 | Missed | -116.6 |
This summary was machine generated February 24 at 21:35 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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