Red Robin: Q3 Earnings Snapshot

Carbonatix Pre-Player Loader

Audio By Carbonatix

ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — Red Robin Gourmet Burgers Inc. (RRGB) on Wednesday reported a loss of $18.9 million in its third quarter.

On a per-share basis, the Englewood, Colorado-based company said it had a loss of $1.20. Losses, adjusted for non-recurring costs and asset impairment costs, came to $1.13 per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 87 cents per share.

The casual restaurant chain posted revenue of $274.6 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $271.6 million.

Red Robin expects full-year revenue of $1.25 billion.

_____

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

 

Trending Videos

Salem News Channel Today

Sponsored Links

On Air & Up Next

  • Motley Fool Money
    11:00PM - 12:00AM
     
    “Motley Fool Money” features a team of analysts discussing the week's top   >>
     
  • Best Stocks Now
    12:00AM - 1:00AM
     
    Bill Gunderson provides listeners with financial guidance that is both   >>
     
  • Bloomberg Businessweek
    1:00AM - 2:00AM
     
    Get the latest news from the world of business and finance and the interesting   >>
     
  • Investor's Edge
    2:00AM - 3:00AM
    Investor's Edge
    888.422.5559
     
    Gary Kaltbaum is a hard hitting and pull-no-punches host especially when it   >>
     
  • InvestTalk with Justin Klein and Luke Guerrero
     
    InvestTalk™ serves as your go-to educational platform to delve into the   >>
     

See the Full Program Guide