What's In The Offing For El Pollo Loco (LOCO) Q4 Earnings?
Zacks Investment Research | Mar 02, 2020 09:19PM ET
El Pollo Loco Holdings, Inc. (NASDAQ:LOCO) is scheduled to report fourth-quarter 2019 results on Mar 5. In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 11.1%.
Q4 Expectations
The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 15 cents, suggesting a decline of 6.3% from the year-ago quarter. Over the past 30 days, the company’s earnings estimates have been stable. For quarterly revenues, the consensus mark is pegged at $105.4 million, indicating a decline of 0.8% from the prior-year reported figure.
Factors Likely to Impact Q4 Results
Decline in revenues company-operated restaurant revenues is likely to have impacted the company’s fourth-quarter performance. The Zacks Consensus Estimate for fourth-quarter revenues from company-operated restaurant is pegged at $93 million, suggesting decline of 1.8% from the year-ago reported figure. However, franchise revenues are likely to have improved 4.7% to $6.4 million.
The company’s relentless focus on providing excellent service and reasonable pricing, and its advertising campaigns has been aiding the fourth-quarter performance. Banking on menu innovation, limited-time offers and strong brand positioning are likely to have benefited the quarter to be reported.
El Pollo Loco Holdings, Inc. Price and EPS Surprise
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