Raymond James Downgrades Ignite Restaurant Group (IRG) to Underperform

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Ignite Restaurant Group (IRG) Misses Q2 EPS by 16c

August 7, 2014 5:02 PM EDT

Ignite Restaurant Group (NASDAQ: IRG) reported Q2 EPS of $0.08, $0.16 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $229.8 million versus the consensus estimate of $238.74 million.

Comparable restaurant sales increased 8.5% at Brick House Tavern + Tap, decreased 4.7% at Joes Crab... More