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

El Pollo Loco (NASDAQ:LOCO) posted its quarterly earnings data on Thursday. The restaurant operator reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08, Briefing.com reports. The firm had revenue of $116.15 million for the quarter, compared to analyst estimates of $111.09 million. El Pollo Loco had a net margin of 5.45% and a return on equity of 9.20%. El Pollo Loco’s quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the firm posted $0.14 EPS.

El Pollo Loco Price Performance

Shares of NASDAQ:LOCO traded up $1.41 on Friday, reaching $10.01. 3,281,040 shares of the company were exchanged, compared to its average volume of 283,541. The company has a 50-day moving average of $8.89 and a 200-day moving average of $8.83. The company has a current ratio of 0.35, a quick ratio of 0.32 and a debt-to-equity ratio of 0.34. The firm has a market cap of $312.11 million, a price-to-earnings ratio of 13.35 and a beta of 1.44. El Pollo Loco has a 1-year low of $8.11 and a 1-year high of $11.99.

Analysts Set New Price Targets

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

El Pollo Loco Company Profile

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.