Benzinga | May 13, 2021 04:58PM EDT

Fiesta Restaurant Gr: Q1 Earnings Insights

Shares of Fiesta Restaurant Gr (NASDAQ:FRGI) moved lower in after-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 109.09% over the past year to $0.01, which beat the estimate of ($0.03).

Revenue of $144,739,000 declined by 1.34% from the same period last year, which beat the estimate of $139,610,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: May 13, 2021

Time: 04:30 PM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fwww.frgi.com%2F&eventid=3079600&sessionid=1&key=2733F73CCBECBCAEFD9930E707375923&regTag=&V2=false&sourcepage=register

Recent Stock Performance

52-week high: $18.52

Company's 52-week low was at $5.36

Price action over last quarter: down 20.44%

Company Overview

Fiesta Restaurant Group Inc owns two fast-casual restaurant brands: Pollo Tropical, which offers Caribbean-inspired food, and Taco Cabana, which offers Mexican food. Collectively, the company owns and operates more than 300 restaurants in the southern United States. Roughly three-quarters of all Pollo Tropical restaurants are located in Florida. Taco Cabana restaurants are located almost exclusively in Texas. The company also franchises restaurants in Central and South America, which account for a very small portion of total company revenue.