AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Chuy's Holdings Inc. (CHUY) on Thursday reported fourth-quarter profit of $5.5 million.
The Austin, Texas-based company said it had profit of 31 cents per share. Earnings, adjusted for asset impairment costs, came to 45 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.
The restaurant operator posted revenue of $116.3 million in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $116.8 million.
For the year, the company reported profit of $31.5 million, or $1.76 per share. Revenue was reported as $461.3 million.
Chuy's expects full-year earnings in the range of $1.82 to $1.87 per share.
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