BJ's Restaurants: Fourth Quarter Earnings Overview

BJ's Restaurants Inc. Reports Strong Fourth Quarter Results

BJ's Restaurants Inc., headquartered in Huntington Beach, California, announced a net income of $12.6 million for the fourth quarter, marking a turnaround from a loss during the same period last year.

The company earned 58 cents per share, with adjusted earnings—excluding special items—coming in at 66 cents per share.

These figures surpassed analyst expectations, as the consensus from three Zacks Investment Research analysts had predicted earnings of 60 cents per share.

Revenue for the quarter reached $355.4 million, exceeding projections from four Zacks analysts who anticipated $351.9 million.

Over the course of the year, BJ's Restaurants reported a total profit of $48.8 million, or $2.16 per share, with annual revenue totaling $1.4 billion.

Since the start of the year, the company’s stock has increased by nearly 4%. By the close of trading on Wednesday, shares were valued at $40.88, reflecting a rise of almost 6% over the past year.