J Alexanders (NYSE:JAX) Posts Quarterly Earnings Results, Beats Expectations By $0.12 EPS

J Alexanders (NYSE:JAX) released its quarterly earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.06) by $0.12, Fidelity Earnings reports. The company had revenue of $56.87 million for the quarter. J Alexanders had a return on equity of 8.42% and a net margin of 2.56%.

Shares of NYSE:JAX traded up $0.23 during midday trading on Friday, hitting $9.96. 132,475 shares of the stock were exchanged, compared to its average volume of 62,962. The stock has a market capitalization of $141.81 million, a price-to-earnings ratio of 16.60 and a beta of 0.68. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.46 and a current ratio of 0.55. The business’s 50-day moving average price is $10.52 and its 200 day moving average price is $10.89. J Alexanders has a 12 month low of $7.70 and a 12 month high of $12.01.

Separately, Zacks Investment Research upgraded J Alexanders from a “sell” rating to a “hold” rating in a report on Tuesday, November 5th.

About J Alexanders

J. Alexander's Holdings, Inc, through its subsidiaries, owns and operates complementary upscale dining restaurants in the United States. It operates restaurants under various concepts, including J. Alexander's, Redlands Grill, Lyndhurst Grill, Overland Park Grill, and River Steakhouse and Grill.

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Earnings History for J Alexanders (NYSE:JAX)

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