Gear Up for Red Robin (RRGB) Q1 Earnings: Wall Street Estimates for Key Metrics

Core Insights - Red Robin (RRGB) is projected to report a quarterly loss of $0.57 per share, reflecting a 28.8$387.4 million, indicating a slight decrease of 0.3% year over year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 3.6% in the last 30 days, indicating a reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock [3] Revenue and Key Metrics - The consensus estimate for restaurant revenue is $376.61 million, showing a decline of 0.5% from the previous year [5] - Analysts expect the total number of restaurants to reach 497, down from 505 year-over-year [5] - The number of franchised restaurants is estimated to be 93, slightly up from 92 in the previous year [5] - The number of company-owned restaurants is projected to be 405, down from 413 in the same quarter last year [6] Stock Performance - Red Robin shares have increased by 15.7% over the past month, outperforming the Zacks S&P 500 composite, which rose by 8.2% [7] - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to perform in line with the overall market [7]