Red Robin: 1Q Earnings Snapshot

GREENWOOD VILLAGE, Colo. (AP) _ Red Robin Gourmet Burgers Inc. (RRGB) on Tuesday reported first-quarter earnings of $4.4 million.

On a per-share basis, the Greenwood Village, Colorado-based company said it had profit of 34 cents. Earnings, adjusted for non-recurring costs, were 69 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.

The casual restaurant chain posted revenue of $421.5 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $430.6 million.

Red Robin shares have climbed nearly 3 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $57.95, a fall of 20 percent in the last 12 months.

This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on RRGB at

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