Why Red Robin Gourmet Burgers, Inc. Stock Plunged 20.5%

Shares of restaurant Red Robin Gourmet Burgers (NASDAQ: RRGB) were hit hard on Wednesday after the company reported its fiscal first-quarter results. Shares fell as much as 20.5%, but are down about 19% at 11:24 a.m. EDT.Bearishness toward the stock on Wednesday is likely because the company's revenue and adjusted earnings per share for the quarter were below the consensus analyst estimates for the two key metrics.

BING NEWS:
  • Red Robin Gourmet Burgers (RRGB) Cut to Sell at BidaskClub
    Several other research analysts also recently commented on RRGB. Maxim Group raised Red Robin Gourmet Burgers from a hold rating to a buy rating and lifted their price target for the stock from $60.00 ...
    09/16/2018 - 9:30 am | View Link
  • Fortinet, Red Robin Gourmet Burgers, Caterpillar, Deutsche Bank and Boeing highlighted as Zacks Bull and Bear of the Day
    Red Robin Gourmet Burgers Inc. is a casual dining restaurant ... s second-quarter earnings report didn’t much help the stock. Looking at Red Robin’s Q2 report a little deeper, the company ...
    09/6/2018 - 2:47 am | View Link
  • Red Robin Gourmet Burgers (RRGB) Is Losing Ground After Q2 Miss
    Red Robin Gourmet Burgers (RRGB) reported second quarter adjusted EPS of $0.46 after the bell Tuesday, which fell short of the consensus estimate of $0.48. The stock is now down 1.10 on 33K shares. Re...
    08/21/2018 - 9:49 am | View Link
  • Why Wynn Resorts, Red Robin Gourmet Burgers, and Teva Pharmaceutical Industries Slumped Today
    Image source: Wynn Resorts. Red Robin Gourmet Burgers stock plunged 19% in the wake of the release of the company's preliminary second-quarter results. The burger chain warned that asset impairment ch...
    08/4/2018 - 6:10 am | View Link
  • Here’s how analysts see Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) after this past week.
    Rhumbline Advisers invested in 30,441 shares or 0% of the stock. Moreover, Riverhead Mngmt Limited has 0% invested in Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) for 1,050 shares. Northern Tru Corpo...
    07/27/2018 - 12:29 am | View Link
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    View Red Robin Gourmet Burgers, Inc. RRGB investment & stock information. Get the latest Red Robin Gourmet Burgers, Inc. RRGB detailed stock quotes, stock data, Real-Time ECN, charts, stats and more.
    09/16/2018 - 5:59 am | View Website
  • RRGB Stock Price
    Red Robin Gourmet Burgers Inc. stock price, stock quotes and financial overviews from MarketWatch.
    09/15/2018 - 5:06 pm | View Website
  • Red Robin Gourmet Burgers, Inc. Common Stock Real Time ...
    RRGB Real Time Stock Quote - Get Red Robin Gourmet Burgers, Inc. Common Stock (RRGB) last sale data in real-time at NASDAQ.com.
    09/15/2018 - 3:37 am | View Website
  • Red Robin Gourmet Burgers, Inc. Common Stock (RRGB)
    Stock quote for Red Robin Gourmet Burgers, Inc. Common Stock Common Stock (RRGB) with real-time last sale and extended hours stock prices, company news, charts, and research at Nasdaq.
    09/15/2018 - 3:02 am | View Website
  • Why Red Robin Gourmet Burgers, Inc. Stock Plunged 20.5% ...
    Shares of restaurant Red Robin Gourmet Burgers (NASDAQ:RRGB) were hit hard on Wednesday after the company reported its fiscal first-quarter results. Shares fell as much as 20.5%, but are down ...
    05/23/2018 - 7:41 am | View Website
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