Wall Street brokerages predict that El Pollo LoCo Holdings Inc (NASDAQ:LOCO) will report sales of $95.00 million for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for El Pollo LoCo’s earnings. The lowest sales estimate is $94.64 million and the highest is $95.40 million. El Pollo LoCo posted sales of $92.48 million in the same quarter last year, which suggests a positive year-over-year growth rate of 2.7%. The business is scheduled to issue its next earnings results on Thursday, March 8th.
On average, analysts expect that El Pollo LoCo will report full-year sales of $95.00 million for the current year, with estimates ranging from $401.13 million to $401.93 million. For the next fiscal year, analysts expect that the business will post sales of $422.22 million per share, with estimates ranging from $414.30 million to $431.17 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow El Pollo LoCo.
El Pollo LoCo (NASDAQ:LOCO) last posted its quarterly earnings data on Thursday, November 2nd. The restaurant operator reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.03). El Pollo LoCo had a return on equity of 9.14% and a net margin of 2.27%. The firm had revenue of $101.16 million for the quarter, compared to analysts’ expectations of $103.71 million. During the same quarter in the previous year, the firm posted $0.18 earnings per share. The company’s revenue for the quarter was up 5.6% on a year-over-year basis.
Institutional investors have recently bought and sold shares of the company. BNP Paribas Arbitrage SA grew its holdings in shares of El Pollo LoCo by 103.0% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 11,188 shares of the restaurant operator’s stock valued at $136,000 after acquiring an additional 5,678 shares in the last quarter. Garner Asset Management Corp purchased a new position in shares of El Pollo LoCo during the 2nd quarter valued at $145,000. Virtu KCG Holdings LLC purchased a new position in shares of El Pollo LoCo during the 2nd quarter valued at $157,000. Thrivent Financial For Lutherans grew its holdings in shares of El Pollo LoCo by 6.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 12,940 shares of the restaurant operator’s stock valued at $179,000 after acquiring an additional 790 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of El Pollo LoCo by 849.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 17,048 shares of the restaurant operator’s stock valued at $206,000 after acquiring an additional 15,252 shares in the last quarter. Institutional investors and hedge funds own 78.08% of the company’s stock.
El Pollo LoCo (NASDAQ LOCO) traded down $0.15 during midday trading on Monday, reaching $9.90. 394,361 shares of the company’s stock traded hands, compared to its average volume of 397,336. El Pollo LoCo has a 12-month low of $9.55 and a 12-month high of $14.85. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.31 and a current ratio of 0.35. The stock has a market cap of $388.46, a PE ratio of 45.00, a price-to-earnings-growth ratio of 0.94 and a beta of 0.34.
ILLEGAL ACTIVITY WARNING: “$95.00 Million in Sales Expected for El Pollo LoCo Holdings Inc (LOCO) This Quarter” was originally published by Community Financial News and is owned by of Community Financial News. If you are viewing this story on another domain, it was stolen and reposted in violation of US & international copyright and trademark law. The legal version of this story can be read at https://www.com-unik.info/2018/02/03/95-00-million-in-sales-expected-for-el-pollo-loco-holdings-inc-loco-this-quarter.html.
About El Pollo LoCo
El Pollo Loco Holdings, Inc specializes in fire-grilling citrus-marinated chicken and operates in the limited service restaurant (LSR) segment. The Company’s menu features its signature product, citrus-marinated fire-grilled chicken, and a range of Mexican-inspired entrees that it creates from chicken.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for El Pollo LoCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for El Pollo LoCo and related companies with MarketBeat.com's FREE daily email newsletter.