Bravo Brio Restaurant Group (NASDAQ:BBRG) Issues Earnings Results, Beats Expectations By $0.02 EPS

Bravo Brio Restaurant Group (NASDAQ:BBRG) issued its quarterly earnings results on Thursday, March 15th. The restaurant operator reported $0.12 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.02, Bloomberg Earnings reports. Bravo Brio Restaurant Group had a negative net margin of 2.39% and a negative return on equity of 16.41%.

NASDAQ BBRG traded up $0.02 during trading on Friday, reaching $4.00. The company’s stock had a trading volume of 1,284,089 shares, compared to its average volume of 260,462. The firm has a market cap of $60.80, a PE ratio of 23.53 and a beta of 0.69. Bravo Brio Restaurant Group has a twelve month low of $1.65 and a twelve month high of $5.30.

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A hedge fund recently raised its stake in Bravo Brio Restaurant Group stock. Northern Trust Corp grew its position in Bravo Brio Restaurant Group, Inc. (NASDAQ:BBRG) by 8.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 53,474 shares of the restaurant operator’s stock after acquiring an additional 4,015 shares during the period. Northern Trust Corp owned about 0.35% of Bravo Brio Restaurant Group worth $246,000 at the end of the most recent quarter. Institutional investors own 32.50% of the company’s stock.

A number of brokerages have recently weighed in on BBRG. ValuEngine lowered shares of Bravo Brio Restaurant Group from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Zacks Investment Research lowered shares of Bravo Brio Restaurant Group from a “hold” rating to a “sell” rating in a research note on Wednesday, December 13th.

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About Bravo Brio Restaurant Group

Bravo Brio Restaurant Group, Inc owns and operates Italian restaurants in the United States. It operates full-service Italian restaurants under the BRAVO! Cucina Italiana brand name; Italian chophouse restaurants under the BRIO Tuscan Grille brand name; and full-service American-French bistro restaurant under the Bon Vie brand name.

Earnings History for Bravo Brio Restaurant Group (NASDAQ:BBRG)

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