El Pollo Loco (NASDAQ:LOCO) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

El Pollo Loco (NASDAQ:LOCO) released its quarterly earnings results on Thursday. The restaurant operator reported $0.22 EPS for the quarter, topping the consensus estimate of $0.14 by $0.08, Briefing.com reports. El Pollo Loco had a return on equity of 10.07% and a net margin of 5.64%. The business had revenue of $116.15 million during the quarter, compared to analyst estimates of $111.09 million. During the same period last year, the business posted $0.14 earnings per share. The company’s quarterly revenue was up 1.4% on a year-over-year basis.

El Pollo Loco Trading Up 16.4 %

NASDAQ:LOCO opened at $10.01 on Friday. The firm has a market cap of $312.11 million, a PE ratio of 12.36 and a beta of 1.44. The stock has a fifty day moving average price of $8.89 and a 200 day moving average price of $8.83. El Pollo Loco has a 12-month low of $8.11 and a 12-month high of $11.99. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 0.34.

Wall Street Analyst Weigh In

LOCO has been the subject of several research analyst reports. Truist Financial raised their price target on El Pollo Loco from $10.00 to $12.00 and gave the stock a “hold” rating in a research report on Friday. StockNews.com lowered El Pollo Loco from a “buy” rating to a “hold” rating in a research report on Friday, January 19th.

About El Pollo Loco

El Pollo Loco Holdings, Inc, through its subsidiary, El Pollo Loco, Inc, develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name. It operates and franchises restaurants located in California, Nevada, Arizona, Texas, Colorado, Utah, and Louisiana. It also licenses its brand to restaurants in the Philippines.