BJ's Restaurants: Q3 Earnings Snapshot

HUNTINGTON BEACH, Calif. (AP) — HUNTINGTON BEACH, Calif. (AP) — BJ's Restaurants Inc. (BJRI) on Thursday reported third-quarter earnings of $5.3 million.

On a per-share basis, the Huntington Beach, California-based company said it had net income of 24 cents. Earnings, adjusted for non-recurring costs, were 33 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.

The restaurant chain posted revenue of $358.6 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $344.6 million.

BJ's Restaurants shares have increased 48% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $58.45, an increase of 63% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BJRI at https://www.zacks.com/ap/BJRI