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BJ's Restaurants: 4Q Earnings Snapshot

BJ's Restaurants: 4Q Earnings Snapshot

HUNTINGTON BEACH, Calif. (AP) _ BJ's Restaurants Inc. (BJRI) on Thursday reported fourth-quarter net income of $10.7 million.

The Huntington Beach, California-based company said it had profit of 49 cents per share.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share.

The restaurant chain posted revenue of $280.5 million in the period, beating Street forecasts. Eight analysts surveyed by Zacks expected $278.3 million.

For the year, the company reported profit of $50.8 million, or $2.35 per share. Revenue was reported as $1.12 billion.

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BJ's Restaurants shares have climbed nearly 3 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $51.97, a climb of 35 percent 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