Ruth’s Hospitality Group (NASDAQ:RUTH) reported its Q2 earnings results on Friday, August 5, 2022 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Ruth’s Hospitality Group beat estimated earnings by 41.94%, reporting an EPS of $0.44 versus an estimate of $0.31.
Revenue was up $17.74 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 3.79% increase in the share price the next day.
Here’s a look at Ruth’s Hospitality Group’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.30 | 0.25 | 0.12 | 0.23 |
| EPS Actual | 0.31 | 0.34 | 0.20 | 0.36 |
| Revenue Estimate | 118.02M | 123.46M | 102.17M | 106.68M |
| Revenue Actual | 126.13M | 126.74M | 104.19M | 110.91M |
To track all earnings releases for Ruth’s Hospitality Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
