El Pollo Loco Holdings Inc reports results for the quarter ended in September 30 - Earnings Summary

El Pollo Loco Holdings

01/11/2024 03:34

* El Pollo Loco Holdings Inc  LOCO.OQ  reported quarterly
adjusted
earnings of 21 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 19 cents.  The mean expectation of four analysts
for the quarter was for earnings of 17 cents per share. Wall
Street expected results to range from 16 cents to 17 cents per
share.
    * Revenue fell 0% to $120.40 million from a year ago;
analysts
expected $121.03 million. 
    * El Pollo Loco Holdings Inc's reported EPS for the quarter
was 21
cents​.
    * The company reported quarterly net income of $6.19
million.
    * El Pollo Loco Holdings Inc shares had fallen by 8.4% this
quarter and gained 42.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is  "hold."

Wall Street's median 12-month price target for El Pollo Loco
Holdings Inc is 14.00 
This summary was machine generated from LSEG data November 1 at
03:34 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.17           0.21           Beat
 Jun. 30 2024      0.21           0.26           Beat
 Mar. 31 2024      0.14           0.22           Beat
 Dec. 31 2023      0.16           0.16           Met