LOGO
LOGO

Before The Bell

Red Robin Gourmet Burgers (RRGB) Sank To Over A 3-Month Low After Q1 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Red Robin Gourmet Burgers (RRGB) reported first quarter adjusted EPS of $0.71 after the bell Wednesday, up from $0.58 in the previous year. The consensus estimate was for EPS of $0.65. Revenues grew to $299.46 million from $286.83 million last year. The consensus estimate was for revenues of $305.85 million.

Red Robin Gourmet Burgers gapped open sharply lower Thursday and fell in early trade, but settled into a range for the majority of the session. Shares finished down by 5.22 at $30.53, with volume at over an 11 1/2 month high. The stock sank to a 3 1/2 month low and dropped below its 200-day moving average.

For comments and feedback contact: editorial@rttnews.com

Business News

Get Access to Premium Stock Alerts with RTT Intelligent Investor.
Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19