AP NEWS

Chuy’s: 2Q Earnings Snapshot

August 9, 2018

AUSTIN, Texas (AP) _ Chuy’s Holdings Inc. (CHUY) on Thursday reported second-quarter earnings of $6.5 million.

On a per-share basis, the Austin, Texas-based company said it had net income of 38 cents.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.

The restaurant operator posted revenue of $106.3 million in the period, which met Street forecasts.

Chuy’s expects full-year earnings in the range of $1.09 to $1.13 per share.

Chuy’s shares have climbed 10 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $30.95, a rise of 50 percent in the last 12 months.

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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 CHUY at https://www.zacks.com/ap/CHUY

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