Red Robin Gourmet Burgers (RRGB) to Release Earnings on Wednesday

Red Robin Gourmet Burgers (NASDAQ:RRGB) is expected to be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.50) per share and revenue of $285.20 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Red Robin Gourmet Burgers Price Performance

Shares of NASDAQ RRGB opened at $4.89 on Monday. Red Robin Gourmet Burgers has a one year low of $2.97 and a one year high of $9.34. The business’s 50-day moving average price is $5.51 and its two-hundred day moving average price is $5.10. The company has a market capitalization of $85.05 million, a P/E ratio of -1.49 and a beta of 2.65.

Insider Activity at Red Robin Gourmet Burgers

In related news, insider Jumana Capital Investments Llc bought 800,454 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were acquired at an average price of $5.19 per share, with a total value of $4,154,356.26. Following the completion of the transaction, the insider now owns 1,614,906 shares of the company’s stock, valued at $8,381,362.14. The trade was a 98.28 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.19% of the stock is currently owned by company insiders.

Red Robin Gourmet Burgers Company Profile

Red Robin Gourmet Burgers, Inc, together with its subsidiaries, develops, operates, and franchises casual-dining restaurants, in North America and one Canadian province. Its restaurants primarily offer burgers and pizza, appetizers, salads, soups, other entrees, desserts, wings, milkshakes, alcoholic and non-alcoholic specialty drinks, cocktails, wine, and beers.