Ruby Tuesday (RT) Scheduled to Post Earnings on Wednesday
Ruby Tuesday (NYSE:RT) is scheduled to be issuing its Q114 quarterly earnings data on Wednesday, October 9th. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $298.60 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
Ruby Tuesday (NYSE:RT) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.07. The company had revenue of $316.10 million for the quarter, compared to the consensus estimate of $332.17 million. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was down 11.7% on a year-over-year basis.
Shares of Ruby Tuesday (NYSE:RT) opened at 7.49 on Tuesday. Ruby Tuesday has a one year low of $6.75 and a one year high of $9.90. The stock has a 50-day moving average of $7.47 and a 200-day moving average of $8.48. The company’s market cap is $447.6 million.
A number of research firms have recently commented on RT. Analysts at Wunderlich initiated coverage on shares of Ruby Tuesday in a research note to investors on Friday, September 6th. They set a “hold” rating and a $8.00 price target on the stock. On the ratings front, analysts at Thomson Reuters/Verus upgraded shares of Ruby Tuesday from a “sell” rating to a “hold” rating in a research note to investors on Monday, August 26th. Finally, analysts at Zacks downgraded shares of Ruby Tuesday from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, July 31st. They now have a $7.00 price target on the stock. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. The company has an average rating of “Hold” and an average target price of $7.67.
Ruby Tuesday, Inc, including its wholly-owned subsidiaries, owns and operates Ruby Tuesday, Lime Fresh Mexican, GrillMarlin & Ray’s, and Wok Hay casual dining restaurants.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.