trending Market Intelligence /marketintelligence/en/news-insights/trending/h1QR2fiT2naGGGNhhuNWiw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Fogo de Chao profit misses consensus by 19.0% in fiscal Q2

Blog

So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?

Blog

Industry Top Trends 2021: Oil and Gas

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance


Fogo de Chao profit misses consensus by 19.0% in fiscal Q2

Fogo de Chao Inc. said its normalized net income for the fiscal second quarter ended July 3 was 20 cents per share, compared with the S&P Capital IQ consensus estimate of 25 cents per share.

EPS climbed year over year from 4 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $5.8 million, an increase from $876,880 in the second quarter ended June 28, 2015.

The normalized profit margin increased to 8.5% from 1.3% in the year-earlier period.

Total revenue increased on an annual basis to $69.5 million from $68.2 million, and total operating expenses fell 5.2% from the prior-year period to $59.8 million from $63.1 million.

Reported net income increased year over year to $6.1 million, or 21 cents per share, from $2.4 million, or 10 cents per share.