El Pollo Loco (LOCO) Reports In-Line Q1 EPS

El Pollo Loco (NASDAQ: LOCO) reported Q1 EPS of $0.07, in-line with the analyst estimate of $0.07. Revenue for the quarter came in at $110.1 million versus the consensus estimate of $106.69 million.

GUIDANCE:

The company is providing the following expectations for 2022:

• The opening of three to six new company-owned restaurants and six to ten new franchised restaurants.
• Capital spend of $20.0 - $25.0 million
• Pro forma income tax rate of 26.5%.

For earnings history and earnings-related data on El Pollo Loco (LOCO) click here.

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