Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) second quarter fiscal results are out after the market has concluded for the day
The concern experienced a Non-GAAP loss of $0.47 per share for the quarter, even though it managed to generate a revenue of $300.15 million.
The findings outperformed the analysts estimated $295.25 million revenue, yet failed to meet the expected $0.40 loss per share.
The revenues grew 0.5 percent when looking at the identical quarter of previous year.
RRGB has projected revenue objective around $1.25 billion for financial year 2024. In contrast Wall Street analysts anticipate from revenues of $1.25 billion
| Period | Type | Company Outlook |
Analysts Estimate |
Company Vs.* Analysts |
|---|---|---|---|---|
| FY 2024 | REV | $1.25 B | $1.25 B |
;
*Based on the outlook mid-point
Red Robin Gourmet Burgers (RRGB) shares traded as low as $4.65 and as high as $5.08 on a day volume of 1.35 million shares, closed Thursday's regular trading session at $4.73, downfall of 6.34 percent.
