Ruby Tuesday Earnings: What Investors Should Watch
Ruby Tuesday (NYSE:RT) will report earnings after markets close on Wednesday, July 24th. Ruby Tuesday, Inc. owns and operates a chain of specialty restaurants in the United States and overseas. The Company also franchises the casual dining concept under the Ruby Tuesday’s brand.
Here is your Cheat Sheet to Ruby Tuesday Earnings:
Earnings Expectations: Analysts expect earnings of $0.18 per share on revenues of $326.12 million.
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 $0.06 to a profit $0.08. For the current year, the average estimate is a profit of $0.27, which is worse than the estimate ninety days ago.
Here’s how Ruby Tuesday has been performing on an annual basis:
|Revenue ($) in millions||1,249||1,195||1,265||1,326|
|Diluted EPS ($)||-0.35||0.73||0.72||0.00|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||May. 31, 2012||Aug. 31, 2012||Nov. 30, 2012||Feb. 28, 2013|
|Revenue ($) in millions||363.21||332.92||304.23||307.38|
|Diluted EPS ($)||-0.09||0.04||-0.24||0.04|
Ruby Tuesday has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)