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Del Taco Restaurants profit beats consensus by 16.0% in fiscal Q3

4910859 said its normalized net income for the fiscal third quarter ended Sept. 6 amounted to 14 cents per share, compared with the S&P Capital IQ consensus estimate of 12 cents per share.

EPS declined year over year from 15 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $5.5 million, an increase of 12.4% from $4.9 million in the prior-year period.

The normalized profit margin increased to 5.3% from 5.0% in the year-earlier period.

Total revenue grew 5.9% year over year to $104.4 million from $98.6 million, and total operating expenses climbed 6 Del Taco Restaurants Inc.