HUNTINGTON BEACH, Calif. (AP) — HUNTINGTON BEACH, Calif. (AP) — BJ’s Restaurants Inc. (BJRI) on Thursday reported a loss of $2.9 million in its third quarter.
On a per-share basis, the Huntington Beach, California-based company said it had a loss of 13 cents.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The restaurant chain posted revenue of $325.7 million in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $325.6 million.
BJ’s Restaurants shares have climbed 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $37.09, a rise of 44% in the last 12 months.
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