Ruby Tuesday (RT) to Release Quarterly Earnings on Wednesday
Ruby Tuesday (NYSE:RT) will release its Q2 earnings data after the market closes on Wednesday, January 8th. Investors that are interested in participating in the company’s conference call can do so using this link.
Ruby Tuesday (NYSE:RT) last announced its earnings results on Wednesday, October 9th. The company reported ($0.36) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.05) by $0.31. The company had revenue of $289.67 million for the quarter, compared to the consensus estimate of $298.60 million. During the same quarter last year, the company posted $0.05 earnings per share. On average, analysts expect Ruby Tuesday to post $-0.54 EPS for the current fiscal year and $-0.11 EPS for the next fiscal year.
Ruby Tuesday (NYSE:RT) opened at 6.37 on Tuesday. Ruby Tuesday has a 52-week low of $5.40 and a 52-week high of $9.90. The stock’s 50-day moving average is $6.90 and its 200-day moving average is $7.36. The company’s market cap is $383.0 million.
A number of analysts have recently weighed in on RT shares. Analysts at Zacks upgraded shares of Ruby Tuesday from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 11th. They now have a $7.30 price target on the stock. On the ratings front, analysts at TheStreet downgraded shares of Ruby Tuesday to a “sell” rating in a research note to investors on Wednesday, November 13th. Finally, analysts at B. Riley downgraded shares of Ruby Tuesday from a “buy” rating to a “neutral” rating in a research note to investors on Monday, October 28th. Four equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Ruby Tuesday presently has a consensus rating of “Hold” and a consensus target price of $7.33.
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.
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