Analysts expect that Del Frisco’s Restaurant Group Inc (NASDAQ:DFRG) will report earnings of ($0.17) per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Del Frisco’s Restaurant Group’s earnings. The lowest EPS estimate is ($0.20) and the highest is ($0.14). Del Frisco’s Restaurant Group reported earnings of ($0.07) per share in the same quarter last year, which would suggest a negative year over year growth rate of 142.9%. The firm is scheduled to announce its next earnings results on Monday, November 11th.

On average, analysts expect that Del Frisco’s Restaurant Group will report full-year earnings of ($0.21) per share for the current financial year, with EPS estimates ranging from ($0.25) to ($0.18). For the next fiscal year, analysts forecast that the business will report earnings of ($0.18) per share, with EPS estimates ranging from ($0.22) to ($0.13). Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Del Frisco’s Restaurant Group.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last released its quarterly earnings data on Tuesday, August 6th. The restaurant operator reported ($0.05) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.03). The company had revenue of $131.69 million for the quarter, compared to analyst estimates of $132.37 million. Del Frisco’s Restaurant Group had a negative net margin of 20.75% and a negative return on equity of 3.98%.

DFRG has been the subject of several analyst reports. JPMorgan Chase & Co. reduced their price objective on Del Frisco’s Restaurant Group from $8.50 to $8.00 and set a “neutral” rating for the company in a research report on Friday, June 28th. BidaskClub cut Del Frisco’s Restaurant Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 31st. ValuEngine raised Del Frisco’s Restaurant Group from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 2nd. Finally, Zacks Investment Research lowered Del Frisco’s Restaurant Group from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Five analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The company has an average rating of “Hold” and an average target price of $8.75.

Shares of DFRG traded down $0.01 during mid-day trading on Friday, reaching $7.98. 9,900 shares of the company’s stock traded hands, compared to its average volume of 459,879. The company has a debt-to-equity ratio of 2.80, a quick ratio of 0.24 and a current ratio of 0.46. The business’s 50-day moving average price is $7.97 and its 200-day moving average price is $7.28. The stock has a market capitalization of $267.59 million, a P/E ratio of -44.33 and a beta of 0.71. Del Frisco’s Restaurant Group has a 12 month low of $4.61 and a 12 month high of $9.27.

Institutional investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP lifted its stake in shares of Del Frisco’s Restaurant Group by 2.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,637,074 shares of the restaurant operator’s stock worth $11,705,000 after acquiring an additional 44,119 shares during the period. BNP Paribas Arbitrage SA raised its holdings in Del Frisco’s Restaurant Group by 398.3% during the first quarter. BNP Paribas Arbitrage SA now owns 6,917 shares of the restaurant operator’s stock worth $44,000 after purchasing an additional 5,529 shares in the last quarter. Hollencrest Capital Management bought a new stake in Del Frisco’s Restaurant Group during the first quarter worth approximately $235,000. Ironwood Investment Management LLC lifted its position in Del Frisco’s Restaurant Group by 9.8% in the first quarter. Ironwood Investment Management LLC now owns 23,664 shares of the restaurant operator’s stock worth $152,000 after purchasing an additional 2,111 shares during the period. Finally, Eidelman Virant Capital acquired a new stake in Del Frisco’s Restaurant Group in the first quarter worth approximately $224,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

About Del Frisco’s Restaurant Group

Del Frisco's Restaurant Group, Inc develops, owns, and operates restaurants in the United States. It owns and operates restaurants under the Del Frisco's Double Eagle Steak House, Del Frisco's Grille, Barcelona Wine Bar, and bartaco brand names. The company offers steaks, as well as other menu selections, such as chops, fresh seafood, tapas, street food, and wines and cocktails.

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Earnings History and Estimates for Del Frisco`s Restaurant Group (NASDAQ:DFRG)

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