Del Taco Restaurants, Inc. (NASDAQ:TACO) operator of quick service restaurants, is reporting third quarter earnings results on Thursday 15th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.10 per share.
For the full year, analysts predict revenues of $ 492.66 million, while looking forward to income of $ 0.27 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 120.70 million ~ $ 120.70 million
Full Year 2020 topline are forecasted in a range of$ 503.00 million ~ $ 513.00 million, where as bottomline are predicted in a range of $ 0.35 ~ $ 0.40 per share
Click Here For More Historical Outlooks Of Del Taco Restaurants, Inc.
Stock Performance
Shares of Del Taco Restaurants, Inc. traded low $ -0.18 or -1.89 percent on Wednesday, reaching $ 9.33 with volume of 458.40 thousand shares. Del Taco Restaurants, Inc. has traded high as $ 9.64 and has cracked $ 9.25 on the downward trend
According to the previous trading day, closing price of $ 9.33, representing a 288.16 % increase from the 52 week low of $ 2.45 and a 2.66 % decrease over the 52 week high of $ 9.77.
The company has a market capital of $ 348.24 million and is part of the Consumer Cyclical sector and Restaurants industry.
Recent Analyst recommendations
- On 7th October 2020, maintained by Wedbush at Outperform rating, with $ 13.00 target price.
- On 24th August 2020, initiated by CL King at Buy rating.
Conference Call
Del Taco Restaurants, Inc. will be hosting a conference call at 4:30 PM eastern time on 15th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.deltaco.com
Del Taco Restaurants, Inc. develops, franchises, owns, and operates Del Taco quick-service Mexican-American restaurants in the United States. The companys restaurants offer Mexican inspired and American classic dishes.
