SYRACUSE, N.Y. (AP) _ Carrols Restaurant Group Inc. (TAST) on Thursday reported third-quarter net income of $3.5 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Syracuse, New York-based company said it had profit of 6 cents. Earnings, adjusted for one-time gains and costs, came to 9 cents per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.

The restaurant operator posted revenue of $407 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $405.2 million.

Carrols Restaurant shares have decreased 11% since the beginning of the year. The stock has fallen 18% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TAST at https://www.zacks.com/ap/TAST

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