Piper Jaffray Downgrades Ignite Restaurant Group (IRG) to Underweight

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Ignite Restaurant Group (IRG) Tops Q1 EPS by 4c

May 4, 2015 4:02 PM EDT

Ignite Restaurant Group (NASDAQ: IRG) reported Q1 EPS of ($0.04), $0.04 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $122.2 million versus the consensus estimate of $123.3 million.

Comparable restaurant sales increased 5.4% at Brick House Tavern + Tap and decreased 3.8% at Joes Crab... More