Fiesta Restaurant Group, Inc. Reports First Quarter 2016 Results
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Piper Jaffray Cuts Price Target on Fiesta Restauran (FRGI) as Margins Impact 1Q Miss
May 10, 2016 7:44 AM EDTPiper Jaffray maintained an Overweight rating on Fiesta Restaurant Group (NASDAQ: FRGI), and cut the price target to $36.00 (from $45.00), following the company's 1Q earnings report. Fiesta Restaurant Group delivered operating EPS of $0.37, below consensus at $0.40. Results were impacted largely by lower-than-expected store-level margin driven in part by sales deleverage on lower-than-expected same-store sales.... More
Sterne Agee CRT Downgrades Fiesta Restaurant Group (FRGI) to Neutral
May 10, 2016 7:11 AM EDTSterne Agee CRT downgraded Fiesta Restaurant Group (NASDAQ: FRGI) from Buy to Neutral and removed its price target (prior $45.00).
For an analyst ratings summary and ratings history on Fiesta Restaurant Group click... More
Fiesta Restaurant (FRGI) Misses Q1 EPS by 3c
May 9, 2016 4:47 PM EDTFiesta Restaurant (NASDAQ: FRGI) reported Q1 EPS of $0.37, $0.03 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $176.7 million versus the consensus estimate of $175.31 million.
Comparable restaurant sales at Pollo Tropical were flat, and comparable guest traffic increased 0.1%Comparable... More