Del Taco Restaurants, Inc. Announces Fiscal Second Quarter 2016 Financial Results

Go back to Del Taco Restaurants, Inc. Announces Fiscal Second Quarter 2016 Financial Results

Del Taco Restaurants (TACO) Powers Higher Following Solid Quarter

July 21, 2016 1:44 PM EDT

Del Taco Restaurants (NASDAQ: TACO) is gaining sharply Thursday following solid quarterly results after the close. The company also said it is seeing solid trends to start the third quarter. Shares are up 14% on strong volume.

... More

Jefferies Cuts Price Target on Del Taco Restaurants (TACO) to $14 Following 2Q Report

July 21, 2016 8:44 AM EDT

Jefferies reiterated a Buy rating on Del Taco Restaurants (NASDAQ: TACO), and cut the price target to $14.00 (from $16.00), following the company's 2Q earnings report. TACO reported an EPS of $0.13 and adj EBITDA of $16mm, slightly ahead of expectations.

Analyst Andy Barish... More

Del Taco Restaurants (TACO) Tops Q2 EPS by 1c

July 20, 2016 4:14 PM EDT

Del Taco Restaurants (NASDAQ: TACO) reported Q2 EPS of $0.13, $0.01 better than the analyst estimate of $0.12. Revenue for the quarter came in at $100 million versus the consensus estimate of $100.06 million.

System-wide comparable restaurant sales growth of 3.3%.

Paul J.B. Murphy, III, President and Chief Executive Officer of Del Taco, commented, Effective execution resulted in solid second quarter performance that was in line with our expectations and... More