BJ's Restaurants: 4Q Earnings Snapshot
HUNTINGTON BEACH, Calif. (AP) _ BJ's Restaurants Inc. (BJRI) on Thursday reported fourth-quarter earnings of $14.5 million.
The Huntington Beach, California-based company said it had profit of 75 cents per share. Earnings, adjusted for non-recurring gains, were 53 cents per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.
The restaurant chain posted revenue of $291.1 million in the period, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $291.5 million.
For the year, the company reported profit of $45.2 million, or $2.20 per share. Revenue was reported as $1.16 billion.
BJ's Restaurants shares have risen 15% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $43.71, a fall of 15% in the last 12 months.
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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 BJRI at https://www.zacks.com/ap/BJRI