BJ's Restaurants (BJRI) Releases Earnings Results, Beats Expectations By $0.07 EPS

BJ's Restaurants (BJRI) reported quarterly earnings results on Thursday, Apr-21-2016. The company said it had a profit of $0.47 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.07. Analysts had a consensus of $0.40. The company posted revenue of $243.40 million in the period, compared to analysts expectations of $244.93 million. The company’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.36 EPS.

Many Wall Street Analysts have commented on BJ's Restaurants. Shares were Reiterated by Wedbush on Feb 19, 2016 to “Outperform” and Lowered the Price Target to $ 55 from a previous price target of $63 .

BJ's Restaurants closed down -0.06 points or -0.14% at $43.09 with 2,31,369 shares getting traded on Monday. Post opening the session at $43.17, the shares hit an intraday low of $43.04 and an intraday high of $43.53 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Mar 15, 2016, Kevin E. Mayer (ExecVP/Chief Marketing Officer) sold 2,538 shares at $44.16 per share price. According to the SEC, on Mar 14, 2016, John D Allegretto (Chief Supply Chain Officer) sold 8,081 shares at $44.90 per share price. On Feb 26, 2016, Patrick Walsh (director) sold 695,828 shares at $43.89 per share price, according to the Form-4 filing with the securities and exchange commission.

BJ’s Restaurants Inc. owns and operates restaurants. The Company operates under the BJ’s Restaurant & Brewery BJ’s Restaurant & Brewhouse BJ’s Pizza & Grill and BJ’s Grill names. The Company owns and operates 158 restaurants. Its menu consists of deep-dish pizza craft beers and other beers as well as a range of appetizers entrees pastas sandwiches specialty salads and desserts including its Pizookie dessert. Its menu also includes starter salads handcrafted burgers sandwiches and tacos desserts lunch specials housemade soups and salads and gluten-free menu among others. Its Snacks and Small Bites menu category comprises small plate appetizers and salads and a lower calorie and better for you menu category called Enlightened Entrees. Its menu items include Kale and Roasted Brussels Sprout Salad its Cherry Chipotle Salmon its Mediterranean Chicken Pita Tacos and its Peanut Butter S’mores Pizookie. It also offers a range of wines and spirits and root beer soda.

BJ's Restaurants

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