BJ's Restaurants: 4Q Earnings Snapshot

·1 min read

HUNTINGTON BEACH, Calif. (AP) _ BJ's Restaurants Inc. (BJRI) on Thursday reported a fourth-quarter loss of $18.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Huntington Beach, California-based company said it had a loss of 81 cents. Losses, adjusted for non-recurring costs, were 80 cents per share.

The results met Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for a loss of 80 cents per share.

The restaurant chain posted revenue of $197 million in the period, beating Street forecasts. Nine analysts surveyed by Zacks expected $196.8 million.

For the year, the company reported a loss of $57.9 million, or $2.74 per share, swinging to a loss in the period. Revenue was reported as $778.5 million.

BJ's Restaurants shares have increased 38% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $53.06, an increase of 26% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BJRI at https://www.zacks.com/ap/BJRI