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CHECKERS DRIVE-IN RESTAURANTS HITS ANALYSTS' ESTIMATES

 CLEARWATER, Fla., July 20 /PRNewswire/ -- Checkers Drive-In Restaurants, Inc. (NASDAQ: CHKR) announced that it had released its earnings today for the quarter ended June 30, 1993, which reflected net earnings per share of $.08. Checkers stated that these earnings were io?rdanc e with analysts' estimates of $.08 a share for such quarter. IBES, a reporting service, reported today that the company did not meet analysts' estimates. Checkers believes that such discrepancy was probably based on incorrect estimates and calculations by IBES as a result of the company's June 30, 1993 three-for-two stock split.
 -0- 7/20/93
 /CONTACT: Herbert G. Brown of Checkers Drive-In Restaurants, 813-441-3500/
 (CHKR)


CO: Checkers Drive-In Restaurants, Inc. ST: Florida IN: LEI SU:

RC-AW -- FL012 -- 3509 07/20/93 15:34 EDT
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Publication:PR Newswire
Date:Jul 20, 1993
Words:127
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