Del Taco RestaurantsTACO stock fell by 7.57% on Friday after the company reported its Q3 earnings results on Thursday, October 14, 2021 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Del Taco Restaurants beat their estimated earnings by 10.0%, which did not surprise analysts.
Revenue was up $3,489,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 4.31% drop in the share price the next day.
Here's a look at Del Taco Restaurants's past performance and the resulting price change:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.11 | 0.05 | 0.14 | 0.10 |
| EPS Actual | 0.11 | 0.16 | 0.07 | 0.20 | 0.16 |
| Price Change % | -7.57% | -4.31% | -4.92% | 1.46% | -21.27% |
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