AFC Enterprises (AFCE) Posts Quarterly Results

AFC Enterprises (NASDAQ: AFCE) issued its quarterly earnings data on Wednesday. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01. The company had revenue of $47.50 million for the quarter, compared to the consensus estimate of $45.30 million. During the same quarter last year, the company posted $0.24 earnings per share. AFC Enterprises’s revenue was up 30.9% compared to the same quarter last year. AFC Enterprises updated its FY13 guidance to $1.37-1.42 EPS.

Shares of AFC Enterprises (AFCE) remained flat at $31.64 during during mid-day trading trading on Wednesday. AFC Enterprises (AFCE) has a 52 week low of $15.33 and a 52 week high of $31.83. The stock’s 50-day moving average is currently $29.22. The company has a market cap of $760.0 million and a P/E ratio of 28.28.

AFC Enterprises, Inc. (AFC) 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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