Ruth’s Hospitality: Q1 Earnings Snapshot

May 6, 2022 GMT

WINTER PARK, Fla. (AP) _ Ruth’s Hospitality Group Inc. (RUTH) on Friday reported first-quarter earnings of $10.4 million.

The Winter Park, Florida-based company said it had profit of 31 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.

The restaurant chain posted revenue of $126.1 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $118 million.

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