3 Years Ago
1 Min Read

We're a few days out from PTLO's upcoming earnings report. Here are some things to watch out for:



We're just a few days out from Portillos Inc - Class A (PTLO) reporting earnings. Lets take a look at how the stock is doing.

Analysts think Portillos Inc - Class A will report an EPS (earnings per share) of $0.07 on $151.90M of revenues. Over the last 90 days, there have been 4 downward revisions by analysts and 2 upward. 

Portillos Inc - Class A bulls will obviously be hoping that the earnings report beats the analysts' estimates and also sets strong expectations for the company to grow in coming quarters.

When they're finished harassing campers, chasing hikers, or Mauling Leonard DiCaprio in the Revenant, PTLO bears will be listening for news that the company underperformed the analysts' estimates. They'll also want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.

Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.

As of July 27 shares of PTLO are trading at $19.61. Over the last 52-week period, the price is down -66.03%. A larger move here can mean investors will have a stronger bullish or bearish outlook on the stock.