Will BJ's Restaurants (BJRI) Beat Estimates Again in Its Next Earnings Report?

Core Insights - BJ's Restaurants has consistently beaten earnings estimates, with an average surprise of 69.63% over the last two quarters [1] - For the last reported quarter, BJ's Restaurants achieved earnings of $0.32 per share, surpassing the Zacks Consensus Estimate of $0.15 per share by 113.33% [2] - The previous quarter also saw a positive surprise, with actual earnings of $0.34 per share against an expected $0.27 per share, resulting in a 25.93% surprise [2] Earnings Estimates and Predictions - Estimates for BJ's Restaurants have been trending higher, supported by its earnings surprise history [3] - The stock has a positive Zacks Earnings ESP of +9.25%, indicating bullish sentiment among analysts regarding the company's earnings prospects [6] - A combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat [6] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [4] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5]