Fogo de Chão, Inc. Reports Second Quarter 2016 Results
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Piper Jaffray Remains Bullish on Fogo de Chao (FOGO) Following 2Q Miss - PT to $16
August 10, 2016 8:15 AM EDTPiper Jaffray maintained an Overweight rating on Fogo de Chao (NASDAQ: FOGO), and cut the price target to $16.00 (from $18.00), following the company's 2Q earnings report. FOGO reported operating results below expectations including revenues of $69.6 million and earnings of $0.21 per share.
Analyst Nicole Regan commented, "Fogo... More
Fogo de Chao (FOGO) Misses Q2 EPS by 3c, Offers Outlook
August 9, 2016 4:26 PM EDTFogo de Chao (NASDAQ: FOGO) reported Q2 EPS of $0.22, $0.03 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $69.6 million versus the consensus estimate of $73.31 million.
GUIDANCE:
Fogo de Chao sees FY2016 EPS of $0.85-$0.89,... More
