U.S. Markets close in 1 hr 23 mins

Carrols Restaurant posts 2Q profit

SYRACUSE, N.Y. (AP) _ Carrols Restaurant Group Inc. (TAST) on Wednesday reported second-quarter earnings of $6 million.

The Syracuse, New York-based company said it had net income of 13 cents per share. Earnings, adjusted for one-time gains and costs, came to 14 cents per share.

The restaurant operator posted revenue of $279.5 million in the period.

Carrols Restaurant expects full-year revenue in the range of $1.05 billion to $1.07 billion.

Carrols Restaurant shares have dropped 24 percent since the beginning of the year. The stock has fallen 4 percent 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

_____

Keywords: Carrols Restaurant Group, Earnings Report