Red Robin Gourmet Burgers (NASDAQ:RRGB) Announces Earnings Results, Misses Expectations By $0.44 EPS

Red Robin Gourmet Burgers (NASDAQ:RRGB) released its quarterly earnings data on Wednesday. The restaurant operator reported ($0.94) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.50) by ($0.44), Zacks reports. Red Robin Gourmet Burgers updated its FY 2025 guidance to EPS.

Red Robin Gourmet Burgers Stock Down 1.1 %

NASDAQ:RRGB traded down $0.05 during mid-day trading on Wednesday, reaching $4.52. 509,674 shares of the stock were exchanged, compared to its average volume of 297,520. The stock has a market capitalization of $78.61 million, a P/E ratio of -1.37 and a beta of 2.65. Red Robin Gourmet Burgers has a 1 year low of $2.97 and a 1 year high of $9.20. The company has a 50 day simple moving average of $5.48 and a 200-day simple moving average of $5.09.

Insider Buying and Selling at Red Robin Gourmet Burgers

In other Red Robin Gourmet Burgers news, insider Jumana Capital Investments Llc acquired 800,454 shares of the company’s stock in a transaction on Tuesday, December 3rd. The shares were bought at an average cost of $5.19 per share, for a total transaction of $4,154,356.26. Following the completion of the purchase, the insider now owns 1,614,906 shares in the company, valued at $8,381,362.14. This trade represents a 98.28 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. 3.19% of the stock is owned by company insiders.

About Red Robin Gourmet Burgers

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.