Red Robin (RRGB) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Red Robin despite lower revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - Red Robin is expected to report a quarterly loss of $0.57 per share, reflecting a year-over-year change of +28.8$387.4 million, a decrease of 0.3% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 3.57% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Red Robin is lower than the Zacks Consensus Estimate, leading to an Earnings ESP of -2.35% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from consensus estimates, with a strong predictive power for positive readings [7][8]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have historically shown a positive surprise nearly 70% of the time [8]. Historical Performance - Red Robin has not been able to beat consensus EPS estimates in the last four quarters, with a significant surprise of -74.07% in the last reported quarter [12][13]. Conclusion - Red Robin does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when evaluating the stock ahead of its earnings release [16].