BJ's Restaurants' Q2 Earnings Preview

On Thursday, BJ's Restaurants BJRI will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

BJ's Restaurants EPS will likely be near 64 cents while revenue will be around $282.18 million, according to analysts.

In the same quarter last year, BJ's Restaurants reported EPS of 49 cents on revenue of $265.8 million. The analyst consensus estimate would represent a 30.61 percent increase in the company's EPS figure. Sales would be up 6.16 percent from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:

Stock Performance

For a full 12 months, the return has risen by 72.55 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on BJ's Restaurants stock is a Sell. The strength of this rating has dwindled over the past 90 days.

Conference Call

BJ's Restaurants' Q2 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: http://public.viavid.com/player/index.php?id=130285