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Del Taco Restaurants fiscal Q2 profit climbs 11.9% YOY

Del Taco Restaurants Inc. said its normalized net income for the fiscal second quarter ended June 14 came to 13 cents per share, compared with the S&P Capital IQ consensus estimate of 12 cents per share.

EPS declined 80.5% year over year from 68 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $5.1 million, an increase of 11.9% from $4.6 million in the prior-year period.

The normalized profit margin increased to 5.1% from 4.7% in the year-earlier period.

Total revenue rose on an annual basis to $100.0 million from $97.6 million, and total operating expenses increased on an annual basis to $90.4 million from $86.3 million.

Reported net income increased 8.0% on an annual basis to $5.0 million, or 13 cents per share, from $4.6 million, or 69 cents per share.