Friday, January 9, 2015

Ruby Tuesday (RT) Stock Declines Today Following Second Quarter Net Loss

NEW YORK (TheStreet) -- Ruby Tuesday shares are down 13.4% to $6.15 in trading on Friday after the casual dining restaurant chain released its second quarter earnings results after the closing bell yesterday. The Maryville, TN-based company reported a second quarter net loss of $9.3 million, or 15 cents per diluted share on an adjusted basis, one cent worse than the 14 cent per share loss analysts were expecting for the quarter. Revenue for the period fell to $262.7 million from $276.2 million during the same period last year. Analysts on average were expecting the company to report $266.9 million in revenue this quarter. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates RUBY TUESDAY INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate RUBY TUESDAY INC (RT) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, good cash flow from operations and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins and a generally disappointing performance in the stock itself." Highlights from the analysis by TheStreet Ratings Team goes as follows: You can view the full analysis from the report here: RT Ratings Report RT data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.


Click to view a price quote on RT. Click to research the Leisure industry.





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