Ruth’s Hospitality Group, Inc. Reports Third Quarter 2019 Financial Results
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Ruth's Hospitality Group (RUTH) Tops Q3 EPS by 5c
November 1, 2019 7:06 AM EDTRuth's Hospitality Group (NASDAQ: RUTH) reported Q3 EPS of $0.15, $0.05 better than the analyst estimate of $0.10. Revenue for the quarter came in at $1.03 million versus the consensus estimate of $102.75 million.
Highlights for the third quarter of 2019 were as follows:
Total revenues in the third quarter of 2019 increased 4.0% to $103.0 million compared to $99.0 million in the third quarter of 2018.Net income in the third quarter of 2019 increased 25.7% to $4.5 million, or $0.16 per diluted share, compared to net income of $3.6 million, or $0.12 per diluted share, in the third quarter of 2018.Net income in the third quarter... More
