NEW YORK (TheStreet) -- Shares of Buffalo Wild Wings (BWLD) are higher by 7.53% to $143.90 in pre-market trading on Tuesday, as the stock continues a gain it began in after-hours trading on Monday, following the company's third quarter 2014 earnings results.

The restaurant chain posted net income of $21.8 million, or $1.14 per diluted share for the most recent quarter, compared to $17.9 million, or 95 cents per diluted share for the 2013 third quarter.

Revenue grew by 18.3% to $373.5 million over the year ago period.

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Analysts polled by Thomson Reuters expected Buffalo Wild Wings to report earnings of $1.07 per share on revenue of $373.26 million for the quarter.

Additionally, Buffalo Wild Wings was upgraded to "outperform" from "neutral" at Robert Baird this morning.

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The firm said it raised its rating on the company as it believes Buffalo Wild Wings will be able to continue to drive growth.

Separately, TheStreet Ratings team rates BUFFALO WILD WINGS INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate BUFFALO WILD WINGS INC (BWLD) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, reasonable valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins."

You can view the full analysis from the report here: BWLD Ratings Report

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