Del Frisco’s Restaurant Group (DFRG) Set to Announce Earnings on Wednesday
Del Frisco’s Restaurant Group (NASDAQ:DFRG) will be releasing its Q313 earnings data on Wednesday, October 9th. Analysts expect Del Frisco’s Restaurant Group to post earnings of $0.11 per share and revenue of $54.84 million for the quarter. Del Frisco’s Restaurant Group has set its FY13 guidance at $0.92-0.96 EPS.
Del Frisco’s Restaurant Group (NASDAQ:DFRG) last issued its quarterly earnings data on Tuesday, July 16th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.19 by $0.01. The company had revenue of $60.40 million for the quarter, compared to the consensus estimate of $59.13 million. The company’s quarterly revenue was up 19.1% on a year-over-year basis. On average, analysts expect Del Frisco’s Restaurant Group to post $0.94 EPS for the current fiscal year and $1.09 EPS for the next fiscal year.
Shares of Del Frisco’s Restaurant Group (NASDAQ:DFRG) traded down 0.91% on Tuesday, hitting $19.58. 148,505 shares of the company’s stock traded hands. Del Frisco’s Restaurant Group has a one year low of $12.67 and a one year high of $23.34. The stock has a 50-day moving average of $19.55 and a 200-day moving average of $19.3. The company has a market cap of $465.9 million and a price-to-earnings ratio of 35.10.
DFRG has been the subject of a number of recent research reports. Analysts at Raymond James downgraded shares of Del Frisco’s Restaurant Group from a “strong-buy” rating to an “outperform” rating in a research note to investors on Tuesday, October 1st. Finally, analysts at Stifel Nicolaus initiated coverage on shares of Del Frisco’s Restaurant Group in a research note to investors on Monday, July 15th. They set a “buy” rating and a $32.00 price target on the stock. Four analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and an average target price of $25.33.
Del Frisco’s Restaurant Group, Inc is a holding company. The Company develops, owns and operates three contemporary, complementary restaurants: Del Frisco’s Double Eagle Steak House (NASDAQ:DFRG), Sullivan’s Steakhouse (Sullivan’s), and Del Frisco’s Grille, or the Grille.
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