AFC Enterprises Earnings Preview: Can This Streak Continue?

AFC Enterprises (NASDAQ:AFCE) will report earnings after markets close on Wednesday, May 29th. AFC Enterprises, Inc. owns and operates Popeyes Chicken & Biscuits, a quickservice chicken restaurant concept.

Here is your Cheat Sheet to Afc Enterprises Earnings:

Earnings Expectations: Analysts expect earnings of $0.40 per share on revenues of $59.30 million. Currently, the company’s P/E ratio stands at 26.69.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.32 to a profit $0.31. For the current year, the average estimate is a profit of $1.39, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Afc Enterprises has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 167 148 146 154 179
Diluted EPS ($) 0.76 0.74 0.90 0.97 1.24

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 52.80 39.60 38.90 47.50
Diluted EPS ($) 0.34 0.27 0.29 0.35

Past Performance:
Afc Enterprises has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]