Del Taco Restaurants, Inc. (NASDAQ:TACO) operator of quick service restaurants, is expected to report second quarter earnings results, after market close, on Thursday 23rd July 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.08 per share.
Looking ahead, the full year income are expected at $ 0.05 per share on the revenues of $ 474.59 million.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 104.50 million ~ $ 104.50 million
Full Year 2020 topline are forecasted in a range of$ 503.00 million ~ $ 513.00 million, where as bottomline are predicted in a range of $ 0.35 ~ $ 0.40 per share
Click Here For More Historical Outlooks Of Del Taco Restaurants, Inc.
Previous Quarter Performance
Del Taco Restaurants, Inc. unveiled loss for the first quarter of $ 0.01 per share, from the revenue of $ 109.81 million. The quarterly revenues lowered 3.84 percent compared with the same quarter last year. The consensus estimates are income of $ 0.02 per share from $ 106.60 million in revenue. The bottom line results missed street analysts by $ 0.03 or 150 percent, at the same time, top line results outshined analysts by $ 3.21 million or 3.01 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Del Taco Restaurants, Inc.
Stock Performance
According to the previous trading day, closing price of TACO was $ 7.12, representing a 190.61 % increase from the 52 week low of $ 2.45 and a 44.76 % decrease over the 52 week high of $ 12.89.
The company has a market capital of $ 264.02 million and is part of the Consumer Cyclical sector and Restaurants industry.
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Conference Call
Del Taco Restaurants, Inc. will be hosting a conference call at 4:30 PM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.deltaco.com
Del Taco Restaurants, Inc. develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the United States. The companys restaurants offer Mexican inspired and American classic dishes.
