Red Robin Gourmet Burgers (NASDAQ:RRGB) reported its Q1 earnings results on Wednesday, May 24, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Red Robin Gourmet Burgers beat estimated earnings by 143.86%, reporting an EPS of $0.25 versus an estimate of $-0.57.
Revenue was up $22.42 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.73 which was followed by a 27.14% increase in the share price the next day.
Here’s a look at Red Robin Gourmet Burgers’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.62 | -1.12 | -0.15 | -0.73 |
| EPS Actual | -1.35 | -1.03 | -0.75 | -0.12 |
| Revenue Estimate | 289.01M | 282.11M | 298.74M | 381.18M |
| Revenue Actual | 290.09M | 286.89M | 294.09M | 395.55M |
To track all earnings releases for Red Robin Gourmet Burgers visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
