Popeyes Louisiana Kitchen (PLKI) reported third quarter adjusted EPS of $0.47 after the close Wednesday, up from $0.42 in the previous year. Analysts expected EPS of $0.45. Full year adjusted EPS is expected to be between $1.86 and $1.91. The consensus estimate is for EPS of $1.90.
Popeyes Louisiana Kitchen has gapped open sharply higher Thursday morning and is now up 3.09 at $54.24. The stock has risen to nearly a 1-week high.
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