El Pollo Loco Holdings Q2 Adj EPS $0.23 Beats $0.21 Estimate, Sales $121.49M Miss $124.74M Estimate
Portfolio Pulse from sunil@benzinga.com
El Pollo Loco Holdings (NASDAQ:LOCO) reported Q2 earnings of $0.23 per share, beating the analyst consensus estimate of $0.21 by 9.52%. However, the company's quarterly sales of $121.49 million missed the analyst consensus estimate of $124.74 million by 2.60%.
August 04, 2023 | 2:40 pm
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El Pollo Loco's Q2 earnings per share beat estimates, but sales missed expectations. This mixed result could lead to uncertainty in the market.
El Pollo Loco's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. The mixed results could lead to uncertainty in the market, making it difficult to predict the short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100