El Pollo Loco Holdings Inc LOCO.OQ reported quarterly adjusted earnings of 28 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 26 cents. The mean expectation of four analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 21 cents to 26 cents per share.
Revenue rose 3% to $125.83 million from a year ago; analysts expected $124.24 million.
El Pollo Loco Holdings Inc's reported EPS for the quarter was 24 cents.
The company reported quarterly net income of $7.11 million.
El Pollo Loco Holdings Inc shares had fallen by 3.5% this quarter and lost 7.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is also "buy"
Wall Street's median 12-month price target for El Pollo Loco Holdings Inc is $15.00, about 29.1% above its last closing price of $10.63
This summary was machine generated from LSEG data July 31 at 09:00 p.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)