Ruby Tuesday Falls 10% on Q3 Results

Shares of restaurant chain Ruby Tuesday

have lost roughly 10% in the after hours session after the company reported Q3 revenues below analysts' estimates. Earnings per share for the period were $0.18 versus estimates of $0.16. Revenues came in at $324.8 million compared to consensus estimates of $339.04 million. The company also reported a 5% decline in same-store sales for the quarter. At last check, RT shares were trading at $7.99 after closing the regular session at $8.88.