HUNTINGTON BEACH, Calif. (AP) — HUNTINGTON BEACH, Calif. (AP) — BJ's Restaurants Inc. (BJRI) on Thursday reported fourth-quarter earnings of $8.1 million.
The Huntington Beach, California-based company said it had net income of 34 cents per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.
The restaurant chain posted revenue of $323.6 million in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $329.9 million.
For the year, the company reported profit of $19.7 million, or 82 cents per share. Revenue was reported as $1.33 billion.
BJ's Restaurants shares have dropped 1.5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $35.47, an increase of nearly 5% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BJRI at https://www.zacks.com/ap/BJRI