Ruth's Hospitality Group (RUTH) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Ruth's Hospitality Group (RUTH) reported quarterly earnings results on Thursday, Apr-28-2016. The company reported $0.33 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.34. The company posted revenue of $101.90 million in the period, compared to analysts expectations of $102.11 million. The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.31 EPS.

Ruth's Hospitality Group closed down -0.19 points or -1.07% at $17.63 with 1,77,809 shares getting traded on Wednesday. Post opening the session at $17.74, the shares hit an intraday low of $17.38 and an intraday high of $17.75 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 14, 2016, Michael P Odonnell (CEO) purchased 1,600 shares at $17.39 per share price. According to the SEC, on Feb 25, 2016, Kevin W Toomy (P&COO- Ruth’s Chris Steak Hse) sold 21,249 shares at $16.71 per share price.

Ruth’s Hospitality Group Inc. is a restaurant company focused on the upscale dining segment. The Company operates Company-owned restaurants and sells franchise rights to Ruth’s Chris Steak House franchisees giving the franchisees the right to operate similar restaurants in a particular area designated in the franchise agreement. It has approximately 143 Ruth’s Chris Steak House restaurants including 65 Company-owned restaurants one restaurant operating under a management agreement and 77 franchisee-owned restaurants including 20 international franchisee-owned restaurants in Aruba Canada China Hong Kong El Salvador Japan Mexico Panama Singapore Taiwan and the United Arab Emirates. Its segments include the Company-owned steakhouse segment and the franchise operations segment.

Ruth's Hospitality Group

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