El Pollo Loco Holdings Q4 2023 GAAP EPS $0.160, Inline, Sales $112.247M Beat $109.069M Estimate
Portfolio Pulse from Benzinga Newsdesk
El Pollo Loco Holdings (LOCO) reported Q4 2023 earnings of $0.160 per share, meeting analyst estimates, with sales of $112.247M beating estimates by 2.91% but showing a 3.17% decrease from the previous year.
March 07, 2024 | 10:02 pm
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El Pollo Loco Holdings reported Q4 2023 earnings per share of $0.160, aligning with estimates, and sales of $112.247M, exceeding expectations but with a slight year-over-year decline.
Meeting earnings estimates and exceeding sales forecasts are positive indicators for investors, suggesting operational efficiency and market demand. However, the year-over-year sales decline may raise concerns about growth sustainability. The net impact is likely positive in the short term due to the earnings and sales beat, but investors will watch for signs of reversing the sales decline trend.
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