AFC Enterprises (AFCE0 Comps Up 5.8% in Q4; Boosts Q4, FY11 EPS Outlook
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Price: $40.18 --0%
Financial Fact:
Income tax expense: 6.2M
Today's EPS Names:
ARDS, SQZB, MDRX, More
Financial Fact:
Income tax expense: 6.2M
Today's EPS Names:
ARDS, SQZB, MDRX, More
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AFC Enterprises, Inc. (Nasdaq: AFCE), sees Q4 comps of 5.8 percent, and FY11 comps of 3.1 percent.
Based on the fourth quarter sales and store opening performance, the Company now expects fiscal 2011 adjusted EPS for the fourth quarter to be $0.23-$0.24, bringing full year adjusted EPS to $0.98-$0.99, compared to adjusted EPS of $0.86 in fiscal 2010. This is an increase from the Company's previous guidance of adjusted EPS of $0.93-$0.97.
The Street sees EPS of 0.21 and $0.96 for Q4 and FY11, respectively.
Based on the fourth quarter sales and store opening performance, the Company now expects fiscal 2011 adjusted EPS for the fourth quarter to be $0.23-$0.24, bringing full year adjusted EPS to $0.98-$0.99, compared to adjusted EPS of $0.86 in fiscal 2010. This is an increase from the Company's previous guidance of adjusted EPS of $0.93-$0.97.
The Street sees EPS of 0.21 and $0.96 for Q4 and FY11, respectively.
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