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BJ's Restaurants Q1 Earnings Rise, But Misses Estimate

BJ's Restaurants, Inc. (BJRI) reported net income for the first quarter of $8.6 million or $0.30 per share, compared to $7.2 million or $0.25 per share for the year-ago quarter.

Revenue for the first quarter rose 16% to $167.60 million from $144.86 million a year earlier. same-restaurant sales for the quarter increased 3.3%.

Analysts polled by Thomson Reuters expected the company to earn $0.31 per share on revenue of $166.46 million for the first quarter.

by RTTNews Staff Writer

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