Red Robin Gourmet Burgers Reports 62% Fall In Q4 Bottom Line

(RTTNews) - Red Robin Gourmet Burgers (RRGB) revealed earnings for fourth quarter that fell from last year.

The company said its bottom line fell to $4.52 million, or $0.35 per share. This was down from $12.05 million, or $0.86 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.34 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.8% to $291.46 million. This was up from $286.30 million last year.

Red Robin Gourmet Burgers earnings at a glance:

-Earnings (Q4): $4.52 Mln. vs. $12.05 Mln. last year. -Earnings Decline (Y-o-Y): -62.5% -EPS (Q4): $0.35 vs. $0.86 last year. -EPS Decline (Y-o-Y): -59.3% -Analysts Estimate: $0.34 -Revenue (Q4): $291.46 Mln vs. $286.30 Mln last year. -Revenue Change (Y-o-Y): 1.8%