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BJ's Restaurants Q1 Profit Down, But Tops View

BJ's Restaurants, Inc. (BJRI) reported a slight decline in profit for the first quarter. Net income was $8.3 million, down from $8.6 million last year. Profit per share was $0.29 compared to $0.30 in the same quarter prior year.

Meanwhile, revenues increased to $188.6 million, from $167.6 million in the prior year.

Analysts polled by Thomson Reuters expected the company to report a profit of $0.28 per share on revenue of $188.40 million for the quarter. Analysts' estimates typically exclude special items.

by RTTNews Staff Writer

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