Ignite Restaurant Group Reports Fourth Quarter 2014 Financial Results

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Ignite Restaurant Group (IRG) PT Cut to $5 at Piper Jaffray

March 16, 2015 8:15 AM EDT

Piper Jaffray analyst Nicole Miller Regan reiterated a Neutral rating while cutting her price target on Ignite Restaurant Group (NASDAQ: IRG) to $5.00 (from $8.00) following Q4 resuls.

Regan commented, "Ignite Restaurants delivered 4Q14 adjusted earnings per share of ($0.25) vs. consensus estimates of ($0.27). 1Q15-to-date we... More

Ignite Restaur (IRG) Tops Q4 EPS by 2c

March 12, 2015 4:14 PM EDT

Ignite Restaur (NASDAQ: IRG) reported Q4 EPS of ($0.25), $0.02 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $177.3 million versus the consensus estimate of $179.4 million.

Comparable restaurant sales increased 7.9% at Brick House Tavern + Tap, decreased 4.9% at Joes Crab Shack and... More