BJ’s Eating places (BJRI) Anticipated to Beat Earnings Estimates: What to Know Forward of This fall Launch

HomeInvesting

BJ’s Eating places (BJRI) Anticipated to Beat Earnings Estimates: What to Know Forward of This fall Launch

BJ's


BJ’s Eating places (BJRI) is predicted to ship a year-over-year decline in earnings on greater revenues when it stories outcomes for the quarter ended December 2019. This widely-known consensus outlook provides a great sense of the corporate’s earnings image, however how the precise outcomes examine to those estimates is a strong issue that would impression its near-term inventory worth.

The inventory may transfer greater if these key numbers prime expectations within the upcoming earnings report, which is predicted to be launched on February 20. Alternatively, in the event that they miss, the inventory could transfer decrease.

Whereas the sustainability of the quick worth change and future earnings expectations will principally rely upon administration’s dialogue of enterprise situations on the earnings call, it is value handicapping the likelihood of a optimistic EPS shock.

Zacks Consensus Estimate

This restaurant chain is predicted to publish quarterly earnings of $0.44 per share in its upcoming report, which represents a year-over-year change of -10.2%.



nasdaq.com