Portillos Inc reports results for the quarter ended in June - Earnings Summary

Portillos

03/08/2023 15:54

* Portillos Inc  PTLO.OQ  reported quarterly adjusted
earnings of
12 cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
13 cents per share.
    * Revenue rose 12.3% to $169.18 million from a year ago;
analysts
expected $169.61 million. 
    * Portillos Inc's reported EPS for the quarter was 12
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Portillos Inc shares had fallen by 0.8% this quarter and
gained 37.0% so far this year.
    * The company reported quarterly net income of $6.79
million.
    * Wall Street's median 12-month price target for Portillos
Inc is
$28.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 9 "strong buy" or
"buy," 1 "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 02:53 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.13           0.12           Missed
 Mar. 31 2023      0.02           -0.01          Missed
 Dec. 31 2022      0.01           0.08           Beat
 Sep. 30 2022      0.01           0.04           Beat