Portillo's Reports Q3 Earnings Beat and Raises FY2026 Adjusted EBITDA Guidance
Portillo's (PTLO) reported third-quarter financial results that exceeded analyst expectations on both the top and bottom lines. The company posted a GAAP earnings per share (EPS) of $0.06, surpassing estimates by $0.04, while revenue reached $194.1 million, representing a 7.0% increase year-over-year and beating projections by $1.49 million. Following the strong quarterly performance, management raised its full-year 2026 adjusted EBITDA guidance to a range of $98 million to $101 million, up from the previous estimate of $92 million to $96 million. Additionally, the company increased its restaurant-level adjusted EBITDA margin guidance to 20%-20.5%.
Tickers: $PTLO
Topics: earnings beat EBITDA margin guidance raise revenue growth