El Pollo Loco: Q2 Earnings Snapshot
News > Regional News

Audio By Carbonatix
2:00 PM on Thursday, August 1, 2024
The Associated Press
COSTA MESA, Calif. (AP) — COSTA MESA, Calif. (AP) — El Pollo Loco Holdings Inc. (LOCO) on Thursday reported second-quarter earnings of $7.6 million.
On a per-share basis, the Costa Mesa, California-based company said it had net income of 25 cents. Earnings, adjusted for non-recurring costs, came to 26 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.
The Tex-Mex fast food chain posted revenue of $122.2 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $121.1 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LOCO at https://www.zacks.com/ap/LOCO