Fiesta Restaurant Group, Inc. (NASDAQ:FRGI) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, FRGI is expected to report 3Q20 income of $ 0.03 per share from revenue of $ 136.95 million.
For the full year, analysts anticipate top line of $ 554.82 million, while looking forward to loss of $ 0.14 per share bottom line.
Previous Quarter Performance
Fiesta Restaurant Group, Inc. outlined loss for the second quarter of $ 0.11 per share, from the revenue of $ 121.87 million. The consensus estimates are loss of $ 0.29 per share from $ 121.36 million in revenue. The bottom line results beat street analysts by $ 0.18 or 62.07 percent, at the same time, top line results outshined analysts by $ 0.51 million or 0.42 percent.
Stock Performance
Shares of Fiesta Restaurant Group, Inc. traded up $ 0.52 or 5.80 percent on Tuesday, reaching $ 9.48 with volume of 104.30 thousand shares. Fiesta Restaurant Group, Inc. has traded high as $ 9.63 and has cracked $ 8.89 on the downward trend
According to the previous trading day, closing price of $ 9.48, representing a 229.41 % increase from the 52 week low of $ 2.72 and a 33.43 % decrease over the 52 week high of $ 13.46.
The company has a market capital of $ 246.07 million and is part of the Consumer Cyclical sector and Restaurants industry.
Conference Call
Fiesta Restaurant Group, Inc. will be hosting a conference call at 4:30 PM eastern time on 4th November 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.frgi.com
Fiesta Restaurant Group, Inc., through its subsidiaries, owns, operates, and franchises fast-casual restaurants. It operates its fast-casual restaurants under the Pollo Tropical and Taco Cabana brands. The companys Pollo Tropical restaurants offer fire-grilled and citrus marinated chicken, and other freshly prepared tropical inspired menu items; and Taco Cabana restaurants that provide Mexican inspired food made fresh by hand.
