El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) operator of quick-service restaurants, is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.22 per share.
For the full year, analysts predict revenues of $ 433.98 million, while looking forward to income of $ 0.77 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 0.75 ~ $ 0.80 per share
Click Here For More Historical Outlooks Of El Pollo Loco Holdings, Inc.
Previous Quarter Performance
El Pollo Loco Holdings, Inc. posted income for the second quarter of $ 0.20 per share, from the revenue of $ 99.60 million. The quarterly earnings shrunk 13.04 percent while revenues shrunk 12.43 percent compared with the same quarter last year.
According to street consensus, LOCO was expected to report 2Q20 income of $ 0.05 per share from revenue of $ 95.89 million. The bottom line results beat street analysts by $ 0.15 or 300.00 percent, at the same time, top line results outshined analysts by $ 3.71 million or 3.87 percent.
Stock Performance
Shares of El Pollo Loco Holdings, Inc. traded up $ 0.28 or 1.61 percent on Wednesday, reaching $ 17.31 with volume of 358.20 thousand shares. El Pollo Loco Holdings, Inc. has traded high as $ 17.33 and has cracked $ 16.73 on the downward trend
According to the previous trading day, closing price of $ 17.31, representing a 176.91 % increase from the 52 week low of $ 6.15 and a 14.42 % decrease over the 52 week high of $ 19.90.
The company has a market capital of $ 621.63 million and is part of the Consumer Cyclical sector and Restaurants industry.
Conference Call
El Pollo Loco Holdings, Inc. will be hosting a conference call at 4:30 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.elpolloloco.com
El Pollo Loco Holdings, Inc., through its subsidiary El Pollo Loco, Inc., develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name. The company offers citrus-marinated, flame-grilled chicken, and handcrafted entrée products, including specialty chicken burritos, chicken quesadillas, and chicken tortilla soup, as well as under 500 calorie entrees, and Pollo Bowl and Pollo salad products. As of May 2, 2019, it had approximately 480 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana.
