BJ's Restaurants (BJRI) Expected to Beat Earnings Estimates: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for BJ's Restaurants despite higher revenues, with a focus on how actual results will compare to estimates [1][2]. Earnings Expectations - BJ's Restaurants is expected to report quarterly earnings of $0.69 per share, reflecting a year-over-year decrease of 4.2% [3][18]. - Revenue is projected to be $361.6 million, which is an increase of 3.3% from the same quarter last year [3][18]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4][19]. - The Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +17.39%, suggesting a bullish outlook from analysts [12][19]. Earnings Surprise Potential - BJ's Restaurants has a history of beating consensus EPS estimates, having surpassed expectations in three out of the last four quarters [14][19]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 indicates a likelihood of beating the consensus EPS estimate [12][19]. Industry Context - BJ's Restaurants is positioned within the Zacks Retail - Restaurants industry, where it is expected to post earnings that reflect broader industry trends [18].