El Pollo Loco Holdings Q3 Adj EPS $0.19, Inline, Sales $120.40M Miss $120.99M Estimate
Portfolio Pulse from bharat@benzinga.com
El Pollo Loco Holdings (NASDAQ:LOCO) reported Q3 earnings of $0.19 per share, in line with analyst consensus. This is a 35.71% increase from the same period last year. However, the company's quarterly sales of $120.40 million missed the analyst consensus estimate of $120.99 million by 0.49%.
November 02, 2023 | 8:53 pm
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El Pollo Loco's Q3 earnings met expectations, showing a 35.71% YoY increase. However, sales missed the estimate by 0.49%.
The company's earnings met expectations, which is a positive signal for investors. However, the missed sales estimate could potentially offset this positive sentiment, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100