AFC Enterprises Q3 Profit Up - Quick Facts

(RTTNews) - AFC Enterprises Inc. (AFCE) Wednesday reported third-quarter profit of $9.0 million or $0.37 per diluted share, up from $6.9 million or $0.29 per share in the same period last year.

Adjusted earnings for the quarter was $0.38 per share. On average, four analysts polled by Thomson Reuters expected the company to earn $0.32 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 27 percent to $49.3 million from $38.9 million last year. Analysts expected revenues of $46.45 million.

Looking ahead, the company is narrowing has narrowed its full-year adjusted earnings guidance to a range of $1.39 to $1.42 per share, compared to its prior guidance range of $1.37 to $1.42 per share. Analysts currently expect full-year earnings of $1.44 per share.