ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — Red Robin Gourmet Burgers Inc. (RRGB) on Tuesday reported a loss of $44.2 million in its fourth quarter.
On a per-share basis, the Englewood, Colorado-based company said it had a loss of $2.78. Losses, adjusted for one-time gains and costs, were $1.35 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 66 cents per share.
The casual restaurant chain posted revenue of $290.1 million in the period.
For the year, the company reported a loss of $77.8 million, or $4.91 per share. Revenue was reported as $1.27 billion.
Red Robin expects full-year revenue of $1.3 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RRGB at https://www.zacks.com/ap/RRGB
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