The Habit Restaurants Inc. just released their second quarter fiscal 2016 earnings results, posting diluted EPS of $0.07 and revenue of $71.1 million.
Currently, HABT has a Zacks Rank #4 (Sell), but it is subject to change following the release of the company’s latest earnings report. Here are 4 key statistics from this just announced report below.
Habit Restaurants:
Barely edged over revenue estimates. The company saw revenue figures of $71.1 million, topping our estimate of $71 million.
Company-operated comparable restaurant sales increased 4% in the second quarter.
Habit expects 2016 revenues to fall in a range between $284 and $286 million.
HABT was down $0.75, or 4.68%, to $15.26 as of 4:12 PM ET in after hours trading shortly after its earnings report was released.
Here’s a graph that looks at The Habit Restaurants’ quarterly revenues over the last one and a half years.
The Habit Restaurants, Inc., operator of The Habit Burger Grill, is a burger-centric fast casual restaurant company. It is engaged in preparing char-grilled burgers, sandwiches and salads. The Company offers tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame; prepared salads and a selection of sides, shakes and malts. It has operations in California, including Bay area, Central California, Greater La, Inland Empire, Orange County, Sacramento, San Diego; Arizona; Utah and New Jersey. The Habit Restaurants, Inc. is based in Irvine, California.
Check back later for our full analysis on Habit Restaurants’ second quarter earnings report!
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The Habit Restaurants Inc. just released their second quarter fiscal 2016 earnings results, posting diluted EPS of $0.07 and revenue of $71.1 million.
Currently, HABT has a Zacks Rank #4 (Sell), but it is subject to change following the release of the company’s latest earnings report. Here are 4 key statistics from this just announced report below.
Habit Restaurants:
Barely edged over revenue estimates. The company saw revenue figures of $71.1 million, topping our estimate of $71 million.
Company-operated comparable restaurant sales increased 4% in the second quarter.
Habit expects 2016 revenues to fall in a range between $284 and $286 million.
HABT was down $0.75, or 4.68%, to $15.26 as of 4:12 PM ET in after hours trading shortly after its earnings report was released.
Here’s a graph that looks at The Habit Restaurants’ quarterly revenues over the last one and a half years.
The Habit Restaurants, Inc., operator of The Habit Burger Grill, is a burger-centric fast casual restaurant company. It is engaged in preparing char-grilled burgers, sandwiches and salads. The Company offers tri-tip steak, grilled chicken and sushi-grade albacore tuna cooked over an open flame; prepared salads and a selection of sides, shakes and malts. It has operations in California, including Bay area, Central California, Greater La, Inland Empire, Orange County, Sacramento, San Diego; Arizona; Utah and New Jersey. The Habit Restaurants, Inc. is based in Irvine, California.
Check back later for our full analysis on Habit Restaurants’ second quarter earnings report!
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>