BJ's Restaurants Q3 Profit Surges, Tops View - Quick Facts

(RTTNews) - BJ's Restaurants, Inc. (BJRI) Thursday reported that third-quarter net income nearly doubled to $6.48 million or $0.23 per share from $3.65 million or $0.13 per share in the comparable quarter last year.

On average, 17 analysts polled by Thomson Reuters expected the company to earn $0.13 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter increased 9.7 percent to $206.45 million from $188.25 million last year, but missed fifteen Wall Street analysts' consensus estimate of $208.25 million.

The company noted that it currently anticipates that the benefit of the new 2014 restaurant openings coupled with its planned opening of at least 15 new restaurants next year will further expand its operating weeks by about 10 percent in fiscal 2015.