COSTA MESA, Calif. (AP) _ El Pollo Loco Holdings Inc. (LOCO) on Thursday reported second-quarter profit of $7.1 million.
The Costa Mesa, California-based company said it had net income of 20 cents per share. Earnings, adjusted for non-recurring costs, came to 21 cents per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.
The Tex-Mex fast food chain posted revenue of $124.1 million in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $125.1 million.
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