Red Robin Gourmet Burgers Earnings Preview: Can This Streak Continue?

Red Robin Gourmet Burgers (NASDAQ:RRGB) will report earnings before markets open on Tuesday, May 21st. Red Robin Gourmet Burgers Inc. owns and operates a chain of specialty restaurants in the United States and Canada.

Here is your Cheat Sheet to Red Robin Gourmet Burgers Earnings:

Earnings Expectations: Analysts expect earnings of $0.66 per share on revenues of $306.22 million. Currently, the company’s P/E ratio stands at 25.72.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.58 to a profit $0.65. For the current year, the average estimate is a profit of $2.22, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Red Robin Gourmet Burgers has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 869.22 841.04 864.27 914.85 977.13
Diluted EPS ($) 1.69 1.14 0.46 1.34 1.93

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 205.98 299.46 223.68 213.32 240.68
Diluted EPS ($) 0.1906 0.71 0.52 0.24 0.4527

Past Performance:
Red Robin Gourmet Burgers has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)