Candorium Free Members
Join Candorium to access the full article and more
Free Member Benefits:
✔
Comment & Reply✔
Newsletter Access✔
Follow Authors✔
Share via SMS Go Back
El Pollo Loco: Q2 Earnings Snapshot
By AP News - Aug 02, 2024, 02:50 AM ET
Last Updated - Aug 02, 2024, 02:50 AM EDT
COSTA MESA, Calif. (AP) — COSTA MESA, Calif. (AP) — El Pollo Loco Holdings Inc. (LOCO) on Thursday reported second-quarter earnings of $7.6 million.
On a per-share basis, the Costa Mesa, California-based company said it had net income of 25 cents. Earnings, adjusted for non-recurring costs, came to 26 cents per share.
Sponsored
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.
The Tex-Mex fast food chain posted revenue of $122.2 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $121.1 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LOCO at https://www.zacks.com/ap/LOCO
Sponsored
Read More from Investing
Popular News
Latest News
