Portillos Q4 EPS $0.13 Beats $0.04 Estimate, Sales $187.86M Beat $184.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
Portillo's (PTLO) reported Q4 earnings of $0.13 per share, surpassing the $0.04 estimate by 225%, and a 62.5% increase from last year's $0.08. Sales reached $187.86M, beating the $184.22M estimate by 1.97%, marking a 24.51% increase from the previous year.
February 27, 2024 | 1:02 pm
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POSITIVE IMPACT
Portillo's reported a significant beat on both earnings per share and sales estimates for Q4, indicating strong financial performance.
The substantial beat on both earnings per share and sales estimates for Q4 demonstrates Portillo's strong financial performance and growth. This is likely to positively influence investor sentiment and could lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100