Will High Costs Hurt BJ's Restaurants (BJRI) in Q4 Earnings?

BJRI WEN PZZA

BJ's Restaurants, Inc. (BJRI - Free Report) is scheduled to report fourth-quarter 2019 results on Feb 20, after market close. In the last reported quarter, the company’s bottom line surpassed the Zacks Consensus Estimate by 80%. Its earnings beat estimates in two of the trailing four quarters.

How Are Estimates Faring?

The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 44 cents, which suggests a decline from 49 cents registered in the year-ago quarter. For quarterly revenues, the consensus mark is pegged at nearly $292 million. The figure suggests 3.9% increase from the prior-year quarter’s reported figure.

Let’s take a look at how BJ's Restaurants’ revenues and earnings will shape up in the to-be-reported quarter.

BJ's Restaurants, Inc. Price and EPS Surprise

 

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 >>