Recap: Red Robin Gourmet Burgers Q1 Earnings - Red Robin Gourmet Burgers (NASDAQ:RRGB)

Red Robin Gourmet Burgers RRGB reported its Q1 earnings results on Wednesday, May 24, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Red Robin Gourmet Burgers beat estimated earnings by 143.86%, reporting an EPS of $0.25 versus an estimate of $-0.57.

Revenue was up $22.42 million from the same period last year.

Last quarter the company missed on EPS by $0.73 which was followed by a 27.14% increase in the share price the next day.

Here's a look at Red Robin Gourmet Burgers's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.62	-1.12	-0.15	-0.73
EPS Actual	-1.35	-1.03	-0.75	-0.12
Revenue Estimate	289.01M	282.11M	298.74M	381.18M
Revenue Actual	290.09M	286.89M	294.09M	395.55M

To track all earnings releases for Red Robin Gourmet Burgers visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.