Popeyes Louisiana Kitchen (PLKI) Scheduled to Post Earnings on Wednesday
Popeyes Louisiana Kitchen (NASDAQ:PLKI) is scheduled to be posting its Q214 quarterly earnings results on Wednesday, August 20th. Analysts expect Popeyes Louisiana Kitchen to post earnings of $0.39 per share and revenue of $54.80 million for the quarter. Popeyes Louisiana Kitchen has set its FY14 guidance at $1.58-1.63 EPS.
Popeyes Louisiana Kitchen (NASDAQ:PLKI) last released its earnings data on Wednesday, May 28th. The company reported $0.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.01. The company had revenue of $70.10 million for the quarter, compared to the consensus estimate of $69.52 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s quarterly revenue was up 16.1% on a year-over-year basis. On average, analysts expect Popeyes Louisiana Kitchen to post $1.63 EPS for the current fiscal year and $1.92 EPS for the next fiscal year.
Popeyes Louisiana Kitchen (NASDAQ:PLKI) opened at 40.01 on Tuesday. Popeyes Louisiana Kitchen has a 52-week low of $35.74 and a 52-week high of $46.12. The stock has a 50-day moving average of $41.05 and a 200-day moving average of $40.74. The company has a market cap of $946.2 million and a price-to-earnings ratio of 27.09.
A number of research firms have recently commented on PLKI. Analysts at Piper Jaffray reiterated an “overweight” rating on shares of Popeyes Louisiana Kitchen in a research note on Monday, August 4th. They now have a $50.00 price target on the stock, up previously from $47.00. Analysts at Wedbush raised their price target on shares of Popeyes Louisiana Kitchen from $48.00 to $50.00 in a research note on Monday, June 30th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $46.25.
Popeyes Louisiana Kitchen Inc, formerly AFC Enterprises, Inc develops, operates, and franchises quick-service restaurants (NASDAQ:PLKI) under the trade names Popeyes Chicken & Biscuits and Popeyes Louisiana Kitchen (collectively Popeyes).
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