AFC Enterprises (AFCE) Posts Quarterly Earnings Results, Meets Expectations

AFC Enterprises (NASDAQ: AFCE) issued its quarterly earnings data on Wednesday. The company reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40, Analyst Ratings Network.com reports. The company had revenue of $60.40 million for the quarter, compared to the consensus estimate of $59.13 million. During the same quarter in the previous year, the company posted $0.35 earnings per share. The company’s revenue for the quarter was up 14.4% on a year-over-year basis. AFC Enterprises updated its FY13 guidance to $1.37-1.42 EPS.

AFC Enterprises (NASDAQ: AFCE) traded up 1.02% on Wednesday, hitting $34.83. AFC Enterprises has a 1-year low of $16.88 and a 1-year high of $36.77. The stock’s 50-day moving average is currently $34.. The company has a market cap of $833.1 million and a price-to-earnings ratio of 27.81.

AFC Enterprises, Inc. (NASDAQ: AFCE) develops, operates, and franchises quick-service restaurants (QSRs or restaurants) under the trade names Popeyes Chicken & Biscuits and Popeyes Louisiana Kitchen (collectively Popeyes).

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