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

Portillos

04/05/2023 15:25

* Portillos Inc  PTLO.OQ  reported a quarterly adjusted loss
of 1
cent​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 2 cents per share.
    * Revenue rose 16% to $156.06 million from a year ago;
analysts
expected $156.27 million. 
    * Portillos Inc's reported EPS for the quarter was a loss of
1
cent​.
    * The mean earnings estimate of analysts had risen by
about 733.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Portillos Inc shares had risen by 9.2% this quarter and
gained 43.0% so far this year.
    * The company reported a quarterly loss of $514 thousand.
    * Wall Street's median 12-month price target for Portillos
Inc is
$28.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 02:25 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.07           0.13           Beat