Popeyes Louisiana Kitchen Q4 Profit Down - Quick Facts

(RTTNews) - Popeyes Louisiana Kitchen, Inc. (PLKI), Wednesday reported fourth-quarter net income of $7.0 million or $0.29 per share, down from $8.6 million or $0.35 per share last year.

Adjusted earnings per diluted share were $0.30 compared to $0.34 last year. On average, six analysts polled by Thomson Reuters expected earnings of $0.31 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter rose to $48.4 million from $47.5 million last year. Analysts estimated revenues of $49.98 million for the quarter.

Looking forward to the full year 2014, the company expects adjusted earnings in the range of $1.57 to $1.62 per share, and same-store sales growth of 2.0 to 3.0 percent. Analysts currently estimate earnings of $1.69 per share for the year.