financetom
Business
financetom
/
Business
/
Portillo's Shares Rise After Q4 Results
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Portillo's Shares Rise After Q4 Results
Feb 25, 2025 12:03 PM

02:34 PM EST, 02/25/2025 (MT Newswires) -- Portillo's (PTLO) shares were up more than 9% in recent Tuesday trading after the restaurant chain reported its Q4 results.

Earlier, the company posted Q4 net income of $0.17 per diluted share, up from $0.13 per share a year earlier.

Analysts polled by FactSet expected $0.05 per share.

Revenue for the quarter ended Dec. 29 was $184.6 million, down from $187.9 million a year earlier.

Analysts surveyed by FactSet expected $185.2 million.

For fiscal 2025, it expects revenue growth of 11% to 12%.

Price: 14.85, Change: +1.28, Percent Change: +9.43

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
General Motors Authorizes $6B Stock Buyback - More Than 10% Of Stock Float
General Motors Authorizes $6B Stock Buyback - More Than 10% Of Stock Float
Jun 11, 2024
General Motors Company ( GM ) shares are trading higher in the premarket session on Tuesday. In a press release, the company said it approved a new share repurchase authorization to repurchase up to $6 billion of its outstanding common stock. The stock buyback represents more than 10% of General Motors’ current market cap of $54.25 billion. “The investments GM made...
ADF Group Fiscal Q1 Profit Surges 184% as Revenue Climbs by a Third
ADF Group Fiscal Q1 Profit Surges 184% as Revenue Climbs by a Third
Jun 11, 2024
07:53 AM EDT, 06/11/2024 (MT Newswires) -- ADF Group's ( ADFJF ) fiscal first-quarter profit jumped 184% as revenue surged 34%. The company reported fiscal Q1 net income of $15.3 million, or $0.47 per share, up from $5.4 million, or $0.16 per share, a year earlier. The one analyst surveyed by Capital IQ expected $0.34. Revenue for the quarter ended...
Scorpio Tankers Agrees to Sell Five Oldest Ships in Fleet for $179.1 Million
Scorpio Tankers Agrees to Sell Five Oldest Ships in Fleet for $179.1 Million
Jun 11, 2024
07:54 AM EDT, 06/11/2024 (MT Newswires) -- Scorpio Tankers ( SBBA ) said Tuesday it has agreed to sell five of its medium-range tankers for $179.1 million to separate buyers. The sales are expected to close in Q3. Four of the vessels were built in 2012 and one in 2013. Following the completion of the sales, Scorpio's entire fleet will...
Perspective Therapeutics to Reverse Split Common Shares
Perspective Therapeutics to Reverse Split Common Shares
Jun 11, 2024
07:57 AM EDT, 06/11/2024 (MT Newswires) -- Perspective Therapeutics ( CATX ) said Tuesday it will implement a 1-for-10 reverse stock split after the market close on Friday. The reverse split will reduce Perspective's outstanding common shares to approximately 67.4 million from 674.3 million, the company said. Shares of the company were down 2.3% in recent Tuesday premarket activity. Price:...
Copyright 2023-2026 - www.financetom.com All Rights Reserved