Estimize | Jan 08, 2014 02:44AM ET
Ruby Tuesday (RT) shares are down about 13% in 2 days. The casual dining restaurant chain’s stock has slipped from $7.03 to $6.12 as they approach their FQ2’2014 earnings release scheduled for after the market closes on Wednesday, January 8th. Last year was a phenomenal year across the board for US equities but RT somehow managed to drop 14%. In their previous 2 earnings releases Ruby Tuesday has missed analyst expectations for profit and revenue by wide margins, and analysts are expecting more of the same Wednesday.
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