Earnings Surprise Are On Cards For BJ's Restaurants, Inc. (BJRI)?

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BJ's Restaurants, Inc. (NASDAQ:BJRI) is expected to report second quarter earnings results, after market close, on Thursday 23rd July 2020.

Analysts polled by Thomson Reuters anticipate second quarter loss of $ 1.96 per share.

Looking ahead, the full year loss are expected at $ 2.85 per share on the revenues of $ 854.96 million.

Previous Quarter Performance

BJ's Restaurants, Inc. outlined loss for the first quarter of $ 0.10 per share, from the revenue of $ 254.60 million. The quarterly revenues lowered 12.37 percent compared with the same quarter last year. The consensus estimates are income of $ 0.06 per share from $ 265.52 million in revenue. The bottom line results missed street analysts by $ 0.16 or 266.67 percent, at the same time, top line results fell short of analysts by $ 10.92 million or 4.11 percent.

Historical Earnings Performance
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Stock Performance

According to the previous trading day, closing price of BJRI was $ 18.79, representing a 212.65 % increase from the 52 week low of $ 6.01 and a 57.75 % decrease over the 52 week high of $ 44.47.

The company has a market capital of $ 418.29 million and is part of the Consumer Cyclical sector and Restaurants industry.

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Recent Analyst recommendations

On 14th July 2020, maintained by Wedbush at Outperform rating, with $ 31.00 target price.

On 13th July 2020, maintained by Stephens at Equal-Weight rating, with $ 20.00 target price.

Conference Call

BJ's Restaurants, Inc. will be hosting a conference call at 5:00 PM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bjsrestaurants.com

BJs Restaurants, Inc. owns and operates casual dining restaurants in the United States. Its restaurants offer pizzas, craft and other beers, appetizers, entrées, pastas, sandwiches, specialty salads, and desserts.