Ruby Tuesday Inc. (RT) Scheduled to Post Earnings on Thursday
Ruby Tuesday Inc. (NYSE:RT) is scheduled to post its quarterly earnings results on Thursday, October 6th. Ruby Tuesday has set its FY17 guidance at $0.05-0.09 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.
Ruby Tuesday (NYSE:RT) last posted its quarterly earnings data on Thursday, August 11th. The company reported $0.10 EPS for the quarter, missing the Zacks’ consensus estimate of $0.11 by $0.01. The company earned $279.30 million during the quarter, compared to analyst estimates of $285 million. Ruby Tuesday had a positive return on equity of 0.89% and a negative net margin of 4.64%. Ruby Tuesday’s revenue was down 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.10 earnings per share. On average, analysts expect Ruby Tuesday to post $0.08 EPS for the current fiscal year and $0.10 EPS for the next fiscal year.
Ruby Tuesday Inc. (NYSE:RT) opened at 2.46 on Tuesday. The firm’s market capitalization is $145.99 million. Ruby Tuesday Inc. has a 1-year low of $2.44 and a 1-year high of $6.76. The company has a 50 day moving average price of $2.91 and a 200-day moving average price of $3.87.
Several hedge funds have recently added to or reduced their stakes in RT. Donald Smith & CO. Inc. boosted its stake in Ruby Tuesday by 22.2% in the second quarter. Donald Smith & CO. Inc. now owns 5,461,572 shares of the company’s stock valued at $19,716,000 after buying an additional 991,735 shares during the last quarter. BlackRock Fund Advisors boosted its stake in Ruby Tuesday by 0.6% in the second quarter. BlackRock Fund Advisors now owns 4,037,648 shares of the company’s stock valued at $14,576,000 after buying an additional 25,598 shares during the last quarter. State Street Corp boosted its stake in Ruby Tuesday by 0.9% in the second quarter. State Street Corp now owns 1,216,598 shares of the company’s stock valued at $4,393,000 after buying an additional 10,767 shares during the last quarter. Greenwood Investments Inc. boosted its stake in Ruby Tuesday by 6.0% in the second quarter. Greenwood Investments Inc. now owns 884,296 shares of the company’s stock valued at $3,192,000 after buying an additional 50,000 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its stake in Ruby Tuesday by 4.3% in the second quarter. Guggenheim Capital LLC now owns 416,679 shares of the company’s stock valued at $1,504,000 after buying an additional 17,252 shares during the last quarter. 86.81% of the stock is currently owned by hedge funds and other institutional investors.
About Ruby Tuesday
Ruby Tuesday, Inc, owns, operates and franchises the Ruby Tuesday casual dining restaurant chain and operates in the bar and grill segment of the casual dining industry. The Company operates through Ruby Tuesday and Lime Fresh segments. The Ruby Tuesday segment offers food and beverages under the Ruby Tuesday brand.
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