Del Taco Restaurants (NASDAQ: TACO) releases its next round of earnings Monday. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.
Earnings and Revenue
Based on management's projections, Del Taco Restaurants analysts model for earnings of 14 cents per share on sales of $119.40 million.
Del Taco Restaurants EPS in the same period a year ago totaled 15 cents. Sales were $117.83 million. If the company were to report inline earnings when it publishes results Monday, quarterly profit would be down 6.67%. Revenue would be up 1.33% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q2 2019||Q1 2019||Q4 2018||Q3 2018|
Over the last 52-week period, shares are down 5.92%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts have been rating Del Taco Restaurants stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Del Taco Restaurants is scheduled to hold a conference call at 4:30 p.m. ET and can be accessed here.
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