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Portillo's (PTLO) To Report Earnings Tomorrow: Here Is What To Expect [Yahoo! Finance]
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Portillo's beat analysts' revenue expectations by 2% last quarter, reporting revenues of $187.9 million, up 24.5% year on year. It was a stunning quarter for the company, with an impressive beat of analysts' earnings estimates. Is Portillo's a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Portillo's revenue to grow 12.1% year on year to $174.9 million, slowing from the 16% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.05 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Portillo's has missed Wall Street's revenue estimates six times over the last two years. Looking at Portillo's peers in the traditional fast food segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Starbucks'
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