Pictured Left: Del Frisco's Restaurant Group CEO Mark Mednansky.
According to a report last week by the Associated Press, Del Frisco's beat its third-quarter net income expectations. The restaurant group, based out of Southlake, reported a 3Q profit of $1.8 million, or 8 cents per share.
"The results surpassed Wall Street expectations," according to the Associated Press. "The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share"
The report goes on to say they posted revenue of $61.9 million for the period, which was just below Wall Street's estimated $62 million.
"Del Frisco's expects full-year earnings to be 90 cents to 94 cents per share," the AP said.
Shares have dropped 17 percent since the beginning of the year. The stock has risen 6 percent in the last 12 months.
This story was generated automatically by Automated Insights using data from Zacks Investment Research. Full Zacks research report: DFRG - Source: CNBC and the Associated Press