BJ’s Restaurants Inc.BJRI posted mixed first quarter 2016 results wherein its earnings beat the Zacks Consensus Estimate while revenues missed the same.Earnings and Revenue DiscussionAdjusted earnings of 47 cents per share beat the Zacks Consensus Estimate of 40 cents by 17.5% and increased 32% year over year. High operating margins made up for a softer top line performance resulting in earnings growth. Share buybacks also boosted earnings growth.Bj's Restaurants Inc. (BJRI) Street EPS & Surprise Percent - Last 5 Quarters | FindTheCompanyRevenues of $243 million were up approximately 8.1% year over year. Revenues however missed the Zacks Consensus Estimate of $245 million by 0.64%.Inside the Headline NumbersComps in the quarter were up 0.6%, which compared unfavorably with the year-ago quarter comps growth of 3.2% as well as prior quarter comps growth of 0.7%.Restaurant level operating margin was 20.1%, up 120 basis points (bps) year over year, driven by productivity gains and lower commodity costs.General and administrative (G&A) expenses as a percentage of sales improved 10 bps. Labor costs, as a percent of sales, declined 60 bps in the quarter to 34.8%.Operating income margin went up 90 bps to 20.1% driven by higher restaurant level margins, lower labor cost ratio, and overhead expense operating efficiencyGuidanceFor the second quarter, the weather may play a spoil sport and hurt restaurant traffic and hence affect comps. To-date, in the second quarter, the company’s comps growth has been more or less similar to the first quarter. Management said that traffic was down around 0.5% through the first three weeks into the second quarter.G&A expenses for the second quarter are expected to be in the range of $14.7 million to $15.2 million.BJ’s Restaurants carries a Zacks Rank #3 (Hold).Stocks to ConsiderBetter-ranked stocks in the same industry are Carrols Restaurant Group, Inc. TAST, Dave & Buster's Entertainment, Inc. PLAY and Darden Restaurants, Inc. DRI. All these stocks sport a Zacks Rank #1 (Strong Buy).Want the latest recommendations from Zacks Investment Research? Today, you can download7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BJ'S RESTAURANT (BJRI): Free Stock Analysis Report DARDEN RESTRNT (DRI): Free Stock Analysis Report CARROLS RESTRNT (TAST): Free Stock Analysis Report DAVE&BUSTRS ENT (PLAY): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research