Red Robin Gourmet Burgers (NASDAQ:RRGB) Posts Earnings Results, Misses Expectations By $0.44 EPS

Red Robin Gourmet Burgers (NASDAQ:RRGB) issued its quarterly earnings data on Wednesday. The restaurant operator reported ($0.94) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.50) by ($0.44), Zacks reports. During the same period last year, the firm earned ($0.66) earnings per share. Red Robin Gourmet Burgers updated its FY 2025 guidance to EPS.

Red Robin Gourmet Burgers Trading Down 1.1 %

Shares of Red Robin Gourmet Burgers stock traded down $0.05 on Wednesday, reaching $4.52. The stock had a trading volume of 517,695 shares, compared to its average volume of 297,520. The business’s 50 day moving average is $5.48 and its two-hundred day moving average is $5.09. Red Robin Gourmet Burgers has a 1 year low of $2.97 and a 1 year high of $9.20. The company has a market cap of $78.61 million, a P/E ratio of -1.37 and a beta of 2.65.

Insider Activity at Red Robin Gourmet Burgers

In other Red Robin Gourmet Burgers news, insider Jumana Capital Investments Llc purchased 800,454 shares of the company’s stock in a transaction dated Tuesday, December 3rd. The stock was purchased at an average price of $5.19 per share, for a total transaction of $4,154,356.26. Following the transaction, the insider now owns 1,614,906 shares in the company, valued at $8,381,362.14. The trade was a 98.28 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.19% of the stock is owned by corporate insiders.

Red Robin Gourmet Burgers Company Profile

Red Robin Gourmet Burgers, Inc, together with its subsidiaries, develops, operates, and franchises casual-dining restaurants, in North America and one Canadian province. Its restaurants primarily offer burgers and pizza, appetizers, salads, soups, other entrees, desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers.