Red Robin: Q4 Earnings Snapshot
ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — Red Robin Gourmet Burgers Inc. (RRGB) on Wednesday reported a loss of $13.7 million in its fourth quarter.
ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — Red Robin Gourmet Burgers Inc. (RRGB) on Wednesday reported a loss of $13.7 million in its fourth quarter.
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The Englewood, Colorado-based company said it had a loss of 87 cents per share. Losses, adjusted for one-time gains and costs, were 66 cents per share.
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The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 43 cents per share.
The casual restaurant chain posted revenue of $309 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $304.7 million.
For the year, the company reported a loss of $21.2 million, or $1.34 per share. Revenue was reported as $1.3 billion.
Red Robin expects full-year revenue in the range of $1.25 billion to $1.27 billion.
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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 RRGB at https://www.zacks.com/ap/RRGB