Del Frisco's Restaurant Group Inc. said its normalized net income for the fiscal first quarter ended March 22 was 21 cents per share, compared with the S&P Capital IQ consensus estimate of 21 cents per share.
EPS rose year over year from 20 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $4.9 million, an increase from $4.8 million in the year-earlier period.
The normalized profit margin fell to 6.1% from 6.4% in the year-earlier period.
Total revenue climbed 8.1% year over year to $81.2 million from $75.1 million, and total operating expenses climbed 8.9% year over year to $73.3 million from $67.3 million.
Reported net income came to $5.4 million, or 23 cents per share, compared to $5.4 million, or 23 cents per share, in the year-earlier period.