Ruby Tuesday (RT) Updates FY13 Earnings Guidance
Ruby Tuesday (RT) issued an update on its FY13 earnings guidance on Wednesday morning. The company provided EPS guidance of $0.24-0.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.29.
Shares of Ruby Tuesday (RT) traded down 0.60% during mid-day trading on Wednesday, hitting $8.31. Ruby Tuesday (RT) has a 52 week low of $4.98 and a 52 week high of $9.39. The stock’s 50-day moving average is currently $7.93. The company’s market cap is $521.2 million.
Ruby Tuesday last released its earnings data on Wednesday, January 9th. The company reported ($0.24) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.06) by $0.18. The company had revenue of $304.20 million for the quarter, compared to the consensus estimate of $305.01 million. During the same quarter in 2012, the company posted ($0.03) earnings per share. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. Ruby Tuesday has set its FY13 guidance at $0.24-0.30 EPS. Analysts expect that Ruby Tuesday (RT) will post $0.29 EPS for the current fiscal year.
Ruby Tuesday, Inc., including its wholly owned subsidiaries (RTI) owns and operates Ruby Tuesday casual dining restaurants.
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