We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
BJ's Restaurants (BJRI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Read MoreHide Full Article
BJ's Restaurants (BJRI - Free Report) reported $325.7 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 2.2%. EPS of -$0.13 for the same period compares to -$0.16 a year ago.
The reported revenue represents a surprise of +0.04% over the Zacks Consensus Estimate of $325.59 million. With the consensus EPS estimate being $0.03, the EPS surprise was -533.33%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how BJ's Restaurants performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Comparable restaurant sales: 1.7% versus 1.6% estimated by seven analysts on average.
Number of restaurants: 218 versus 218 estimated by six analysts on average.
Restaurant operating weeks: 2,811 versus the four-analyst average estimate of 2,821.
Number of restaurants opened: 2 compared to the 2 average estimate based on four analysts.
Shares of BJ's Restaurants have returned +13.3% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
BJ's Restaurants (BJRI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
BJ's Restaurants (BJRI - Free Report) reported $325.7 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 2.2%. EPS of -$0.13 for the same period compares to -$0.16 a year ago.
The reported revenue represents a surprise of +0.04% over the Zacks Consensus Estimate of $325.59 million. With the consensus EPS estimate being $0.03, the EPS surprise was -533.33%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how BJ's Restaurants performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Comparable restaurant sales: 1.7% versus 1.6% estimated by seven analysts on average.
- Number of restaurants: 218 versus 218 estimated by six analysts on average.
- Restaurant operating weeks: 2,811 versus the four-analyst average estimate of 2,821.
- Number of restaurants opened: 2 compared to the 2 average estimate based on four analysts.
View all Key Company Metrics for BJ's Restaurants here>>>Shares of BJ's Restaurants have returned +13.3% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.