BJ's Restaurants Q3 Earnings: A Great Quarter Is Still Not Enough

Summary

  • BJ's Restaurants reported robust financial results for the third quarter of the company's 2022 fiscal year on October 20th.
  • Although this was great for investors, and it points to a potentially brighter future, it's not enough to make the company a clear purchase.
  • Despite BJRI shares being cheap, the company's historical volatility, including some weakness seen this quarter, suggests limited upside unless the picture changes.
  • Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More »

BJ"s Restaurant and Brewhouse

RLWPhotos

When it comes to restaurant operators, many may focus on the big players out there. But the fact of the matter is that there are a number of publicly traded restaurants that warrant some attention. An interesting example of this can be

BJ's Restaurants Historical Financials

Author - SEC EDGAR Data

BJRI Q3 Financials

Author - SEC EDGAR Data

BJRI revenue and EBITDA

Author - SEC EDGAR Data

BJRI Stock Trading Multiples

Author - SEC EDGAR Data

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This article was written by

Daniel Jones profile picture
25.32K Followers
Robust cash flow analyses of oil and gas companies

Daniel is currently the manager of Avaring Capital Advisors, LLC, a registered investment advisor that oversees one hedge fund, and he runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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