Shares closed Thursday's trading session up 1.24% to $58.77.
For the latest quarter, Wall Street is looking for earnings of 82 cents a share on revenue of $294.33 million.
Both profit and revenue are anticipated to be higher than a year ago when the company reported earnings of 66 cents a share on revenue of $282.11 million.
Traffic trends in the recent period are projected to increase, helped by the brand transformation initiatives, prudent menu presentations and the unviling of Ziosk tabletop tablets, Zacks Equity Research said.
Additionally, analysts are optimistic given the success of the company's loyal program, which continues to grow.
Separately, TheStreet Ratings currently has a "Buy" rating on the stock with a letter grade of B-.
The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, revenue growth, reasonable valuation levels and good cash flow from operations. We feel its strengths outweigh the fact that the company shows low profit margins.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: RRGB