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Ruby Tuesday Inc. (RT) Is Heading Lower After Q3 Report

Ruby Tuesday Inc. (RT: Quote) reported third quarter adjusted EPS of $0.18 after the bell Wednesday, compared to $0.24 in the previous year. The consensus estimate was for EPS of $0.16. Full year adjusted EPS is expected to be between $0.43 and $0.48. The stock is now down 0.79 on 16K shares.

Ruby Tuesday dipped in early trade Wednesday, but settled into a range for the majority of the session. Shares finished down by 0.0.18 at $8.88. The stock closed testing the lower end of a week and a half long range.

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by RTT Staff Writer

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