Del Frisco’s Restaurant Group, Inc. (DFRG) Scheduled to Post Earnings on Thursday

Del Frisco’s Restaurant Group, Inc. (NASDAQ:DFRG) is set to release its earnings data before the market opens on Thursday, October 12th.

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last announced its quarterly earnings results on Friday, July 21st. The restaurant operator reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.02). The company had revenue of $82.30 million during the quarter, compared to analysts’ expectations of $81.92 million. Del Frisco’s Restaurant Group had a net margin of 3.73% and a return on equity of 7.39%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.19 earnings per share. On average, analysts expect Del Frisco’s Restaurant Group to post $0.76 EPS for the current fiscal year and $0.84 EPS for the next fiscal year.

Del Frisco’s Restaurant Group, Inc. (DFRG) opened at 14.80 on Wednesday. The stock has a market capitalization of $312.68 million, a price-to-earnings ratio of 25.43 and a beta of 0.78. Del Frisco’s Restaurant Group, Inc. has a 52 week low of $13.01 and a 52 week high of $18.80. The firm has a 50-day moving average of $14.21 and a 200 day moving average of $15.87.

In other news, Director Ian Russell Carter purchased 12,200 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The shares were acquired at an average cost of $14.00 per share, with a total value of $170,800.00. Following the transaction, the director now owns 38,339 shares in the company, valued at approximately $536,746. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Thomas G. Dritsas purchased 7,194 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were purchased at an average cost of $13.97 per share, for a total transaction of $100,500.18. Following the completion of the transaction, the vice president now owns 10,848 shares in the company, valued at approximately $151,546.56. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 57,394 shares of company stock worth $809,299. Corporate insiders own 2.70% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Del Frisco’s Restaurant Group, Inc. (DFRG) Scheduled to Post Earnings on Thursday” was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright law. The legal version of this article can be read at https://ledgergazette.com/2017/10/11/del-friscos-restaurant-group-inc-dfrg-scheduled-to-post-earnings-on-thursday.html.

DFRG has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Del Frisco’s Restaurant Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 19th. BidaskClub raised Del Frisco’s Restaurant Group from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Canaccord Genuity reaffirmed a “hold” rating and issued a $16.00 target price on shares of Del Frisco’s Restaurant Group in a research report on Sunday, October 1st. Finally, Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a $20.00 target price on shares of Del Frisco’s Restaurant Group in a research report on Monday, July 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $18.10.

Del Frisco’s Restaurant Group Company Profile

Del Frisco’s Restaurant Group, Inc develops, owns and operates three contemporary, complementary restaurants: Del

Del Frisco’s Restaurant Group (NASDAQ:DFRG) last announced its quarterly earnings results on Friday, July 21st. The restaurant operator reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.02). The company had revenue of $82.30 million during the quarter, compared to analysts’ expectations of $81.92 million. Del Frisco’s Restaurant Group had a net margin of 3.73% and a return on equity of 7.39%. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.19 earnings per share. On average, analysts expect Del Frisco’s Restaurant Group to post $0.76 EPS for the current fiscal year and $0.84 EPS for the next fiscal year.

Del Frisco’s Restaurant Group, Inc. (DFRG) opened at 14.80 on Wednesday. The stock has a market capitalization of $312.68 million, a price-to-earnings ratio of 25.43 and a beta of 0.78. Del Frisco’s Restaurant Group, Inc. has a 52 week low of $13.01 and a 52 week high of $18.80. The firm has a 50-day moving average of $14.21 and a 200 day moving average of $15.87.

In other news, Director Ian Russell Carter purchased 12,200 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The shares were acquired at an average cost of $14.00 per share, with a total value of $170,800.00. Following the transaction, the director now owns 38,339 shares in the company, valued at approximately $536,746. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Thomas G. Dritsas purchased 7,194 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were purchased at an average cost of $13.97 per share, for a total transaction of $100,500.18. Following the completion of the transaction, the vice president now owns 10,848 shares in the company, valued at approximately $151,546.56. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 57,394 shares of company stock worth $809,299. Corporate insiders own 2.70% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Del Frisco’s Restaurant Group, Inc. (DFRG) Scheduled to Post Earnings on Thursday” was first posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this article on another publication, it was illegally stolen and republished in violation of US & international trademark & copyright law. The legal version of this article can be read at https://ledgergazette.com/2017/10/11/del-friscos-restaurant-group-inc-dfrg-scheduled-to-post-earnings-on-thursday.html.

DFRG has been the topic of a number of recent analyst reports. Zacks Investment Research lowered Del Frisco’s Restaurant Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 19th. BidaskClub raised Del Frisco’s Restaurant Group from a “strong sell” rating to a “sell” rating in a research report on Monday, July 31st. Canaccord Genuity reaffirmed a “hold” rating and issued a $16.00 target price on shares of Del Frisco’s Restaurant Group in a research report on Sunday, October 1st. Finally, Raymond James Financial, Inc. reaffirmed an “outperform” rating and issued a $20.00 target price on shares of Del Frisco’s Restaurant Group in a research report on Monday, July 24th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $18.10.

Del Frisco’s Restaurant Group Company Profile

Del Frisco’s Restaurant Group, Inc develops, owns and operates three contemporary, complementary restaurants: Del Frisco’s Double Eagle Steak House (Del Frisco’s), Sullivan’s Steakhouse (Sullivan’s) and Del Frisco’s Grille (the Grille). As of December 27, 2016, the Company operated 53 restaurants in 24 states and the District of Columbia in the United States.

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

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