El Pollo LoCo are plummeting, down 12.35% to $25.47 in pre-market trading Friday, following yesterday’s release of the Mexican food company’s first quarter earnings results.
The Mexican restaurant company earned 18 cents per share, higher compared to theThomson Reuters consensus estimate of 17 cents per share for the quarter.
Revenue rose 17% from a year ago to $90.4 million for the period, while analysts were expecting revenue of $88 million.
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Posted by Arnaldo Rodgers on 11:34 am, With 0 Reads, Filed under Economy. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.