Portillo’s (NASDAQ:PTLO) Announces Quarterly Earnings Results, Beats Expectations By $0.15 EPS

Portillo’s (NASDAQ:PTLO) released its earnings results on Tuesday. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.15, Briefing.com reports. The firm had revenue of $184.61 million for the quarter, compared to analysts’ expectations of $185.16 million. Portillo’s had a return on equity of 5.62% and a net margin of 3.65%. The business’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.13 earnings per share. Portillo’s updated its FY 2025 guidance to EPS.

Portillo’s Trading Up 9.8 %

NASDAQ:PTLO opened at $14.90 on Wednesday. Portillo’s has a 52 week low of $8.38 and a 52 week high of $16.17. The firm has a 50-day moving average price of $12.05 and a two-hundred day moving average price of $12.05. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.31 and a current ratio of 0.38. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 35.48, a price-to-earnings-growth ratio of 14.77 and a beta of 1.81.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on PTLO shares. UBS Group reduced their price objective on Portillo’s from $14.00 to $11.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Stephens boosted their price target on Portillo’s from $13.00 to $14.00 and gave the stock an “equal weight” rating in a report on Wednesday. Morgan Stanley lowered their price objective on Portillo’s from $15.00 to $13.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 21st. Finally, Stifel Nicolaus upgraded shares of Portillo’s from a “hold” rating to a “buy” rating and lifted their target price for the stock from $13.00 to $16.00 in a research report on Monday, January 27th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Portillo’s has a consensus rating of “Moderate Buy” and an average price target of $14.14.

About Portillo’s

Portillo’s Inc owns and operates fast casual restaurants in the United States. The company offers Chicago-style hot dogs and sausages, Italian beef sandwiches, char-grilled burgers, chopped salads, crinkle-cut French fries, homemade chocolate cakes, and chocolate cake shake. It offers its products through its website, application, and certain third-party platforms.