El Pollo Loco Holdings Third Quarter 2024 Earnings: EPS Beats Expectations

El Pollo Loco Holdings (NASDAQ:LOCO) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$120.4m (flat on 3Q 2023).
• Net income: US$6.19m (down 33% from 3Q 2023).
• Profit margin: 5.1% (down from 7.7% in 3Q 2023).
• EPS: US$0.21 (down from US$0.28 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

El Pollo Loco Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 26%.

Looking ahead, revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's shares are down 6.1% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on El Pollo Loco Holdings' balance sheet health.

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