El Pollo Loco Holdings Q3 Adj $0.21 Beats $0.17 Estimate, Sales $120.39M Miss $121.03M Estimate
Portfolio Pulse from Benzinga Newsdesk
El Pollo Loco Holdings reported Q3 earnings of $0.21 per share, beating estimates of $0.17, but sales of $120.39M slightly missed the $121.03M estimate.
October 31, 2024 | 8:09 pm
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El Pollo Loco Holdings reported better-than-expected Q3 earnings per share of $0.21, surpassing the $0.17 estimate. However, sales slightly missed expectations at $120.39M compared to the $121.03M estimate.
The earnings per share beat indicates strong profitability, which is positive for the stock. The slight miss in sales is less significant given the earnings beat, suggesting a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100