Popeyes Louisiana Kitchen, Inc. Reports Results for Second Quarter 2016

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Jefferies Reiterates Buy on Popeyes Louisiana Kitchen (PLKI) Following 2Q - PT to $63

August 18, 2016 7:10 AM EDT

Jefferies Maintained a Buy rating on Popeyes Louisiana Kitchen (NASDAQ: PLKI), and cut the price target to $63.00 (from $65.00), following the company's 2Q earnings report. EPS of $0.47 was inline with consensus estimates.

Analyst Alexander Slagle commented, "EPS inline, as domestic SSS was light (flat... More

Piper Jaffray Remains Sidelined on Popeyes Louisiana Kitchen (PLKI) Following In-Line 2Q

August 17, 2016 8:51 AM EDT

Piper Jaffray maintained a Neutral rating and $56.00 price target on Popeyes Louisiana Kitchen (NASDAQ: PLKI) following the company's 2Q earnings report. EPS results of $0.47 were in-line with the consensus expectations. Total revenues increased 3.9% y/y to $61.7 million vs. Piper Jaffray's $61.8 million estimate. The company largely reiterated FY16 metrics including expectations for EPS of... More

Maxim Group Downgrades Popeyes Louisiana Kitchen (PLKI) to Hold

August 17, 2016 7:25 AM EDT

Maxim Group downgraded Popeyes Louisiana Kitchen (NASDAQ: PLKI) from Buy to Hold with a price target of $60 (unchanged).

For an analyst ratings summary and ratings history on Popeyes Louisiana Kitchen click here. For more ratings news on Popeyes Louisiana Kitchen click here.

Shares of Popeyes Louisiana Kitchen closed at $58.48 yesterday.

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Popeyes Louisiana Kitchen (PLKI) Reports In-Line Q2 EPS, Offers FY Guidance

August 16, 2016 4:10 PM EDT

Popeyes Louisiana Kitchen (NASDAQ: PLKI) reported Q2 EPS of $0.47, in-line with the analyst estimate of $0.47. Revenue for the quarter came in at $61.7 million versus the consensus estimate of $63.39 million.

Total domestic same-store sales were flat, compared to a 7.9% increase in the second quarter of 2015

Fiscal 2016 Guidance:

Based on performance through the second... More