Chuy's Holdings Inc. said its normalized net income for the fiscal fourth quarter ended Dec. 27, 2015, was 16 cents per share, compared with the S&P Capital IQ consensus estimate of 13 cents per share.
EPS climbed 45.0% year over year from 11 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $2.7 million, an increase of 45.7% from $1.8 million in the prior-year period.
The normalized profit margin increased to 3.8% from 3.0% in the year-earlier period.
Total revenue rose 14.9% on an annual basis to $71.0 million from $61.8 million, and total operating expenses rose 13.4% from the prior-year period to $66.7 million from $58.8 million.
Reported net income declined 92.4% year over year to $176,870, or 1 cents per share, from $2.3 million, or 14 cents per share.
For the year, the company's normalized net income totaled 86 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 90 cents.
EPS rose 45.0% from 59 cents in the prior year.
Normalized net income was $14.4 million, a gain of 45.3% from $9.9 million in the prior year.
Full-year total revenue increased 17.1% from the prior-year period to $287.1 million from $245.1 million, and total operating expenses grew 15.2% on an annual basis to $264.0 million from $229.1 million.
The company said reported net income increased 11.8% year over year to $12.9 million, or 77 cents per share, in the full year, from $11.5 million, or 69 cents per share.