Shares of Ruth's Hospitality Group (NASDAQ:RUTH) remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share were up 175.00% year over year to $0.36, which beat the estimate of $0.23.
Ruth's Hospitality Group (NASDAQ:RUTH) reported quarterly earnings of $0.36 per share which beat the analyst consensus estimate of $0.23 by 56.52 percent. This is a 175 percent increase over losses of $(0.48) per share
Companies Reporting Before The Bell
• Liberty Braves Group (NASDAQ:BATRA) is projected to report quarterly loss at $0.03 per share on revenue of $154.00 million.
One of the biggest trends to watch in 2021 continues to be the reopening of the economy as it relates to the increased rate of COVID-19 vaccinations and the lifting of restrictions in areas across the U.S. and globally.
Restaurants Could Benefit: One industry that saw pressure during the pandemic and could benefit from the reopening trend are restaurants.