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BJ's Restaurants Inc. (BJRI) Has Broken Out To A New High On Q4 Results

BJ's Restaurants Inc. (BJRI) reported fourth quarter EPS of $0.31 after the bell Wednesday, up from $0.02 in the prior year period. Analysts expected EPS of $0.21.

BJ's Restaurants has gapped open sharply higher Thursday morning and is now up 6.29 at $53.17 on above average volume. The stock has surged past resistance and has set a new high for the year.

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A busy week for economics saw the release of first quarter growth figures for the U.S. economy and the interest rate decision in Japan. Read our stories to find out why the GDP data damped market sentiment in the U.S. and what were the signals given out by the Bank of Japan. Other news this week included new home sales data and jobless claims figures from the U.S., and the latest purchasing managers' survey results for the Eurozone.

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