LOCO Earnings Prediction
The chart below shows how LOCO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, LOCO sees a -0.43% change in stock price 10 days leading up to the earnings, and a +4.10% change 10 days following the report. On the earnings day itself, the stock moves by -0.83%. This data can give you a slight idea of what to expect for the next quarter's release.
LOCO Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
120.39M
-0.00%
-1.46%
Gross Margin
31.39%
9.33%
-6.24%
Operating Margin
8.59%
5.14%
-15.70%
Net Margin
5.14%
-32.99%
-17.76%
EPS
0.21
-25.00%
-16.00%
No Data Available
LOCO Earnings Analysis
El Pollo Loco Holdings, Inc. Corporation (LOCO.O) Earnings Conference Call
Positive
Quarterly Revenue Stability: Total revenue for Q3 2024 was $120.4 million, showing no change compared to Q3 2023.
Franchise Revenue Increase: Franchise revenue increased by 10.5% to $11.3 million during Q3 2024, driven by a 2.7% increase in franchise comparable restaurant sales.
Net Income Decline: The company reported GAAP net income of $6.2 million or $0.21 per diluted share in Q3 2024, compared to GAAP net income of $9.2 million or $0.28 per diluted share in the prior year period.
Improved Contribution Margin: The restaurant contribution margin for Q3 was 16.7% compared to 14.4% in the year-ago period, indicating improved profitability.
Cost-Saving Initiatives Progress: The company continues to make progress on cost-saving initiatives, with a dedicated team actively looking across the entire P&L to enhance productivity.
Negative
Revenue Stability: Total revenue was $120.4 million or no change as compared to the third quarter of 2023.
Restaurant Revenue Decline: Company operated restaurant revenue decreased 1.5% to $101.2 million from $102.7 million in the same period last year.
Restaurant Sales Decline: The $1.5 million decrease in company operated restaurant sales was primarily driven by a $5.3 million decrease in revenue from the refranchising of 19 company operated restaurants to existing franchisees in prior quarters, partially offset by a 2.8% increase in company operated comparable restaurant sales.
Price Increase Analysis: During the third quarter, our effective price increase versus 2023 was 8.4%.
Net Income Comparison: We reported GAAP net income of $6.2 million or $0.21 per diluted share in the third quarter compared to GAAP net income of $9.2 million or $0.28 per diluted share in the prior year period.
LOCO FAQs
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LOCO Earning Call Sentiment
El Pollo Loco Holdings, Inc. (LOCO) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
LOCO.O
1.23%Positive
The earnings call reveals mixed signals: stable total revenue, improved restaurant margins, and increased franchise revenue, but declining transactions and net income. The Q&A indicates concerns about consumer demand and competitive pressure, yet management is taking steps to boost traffic with new promotions. The stable revenue and improved margins are balanced by transaction declines and cautious consumer sentiment, leading to a neutral outlook. The lack of market cap data limits the precision of the prediction.