Del Taco: 3Q Earnings Snapshot

LAKE FOREST, Calif. (AP) _ Del Taco Restaurants Inc. (TACO) on Tuesday reported third-quarter earnings of $5.9 million.

On a per-share basis, the Lake Forest, California-based company said it had profit of 15 cents.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.

The restaurant chain posted revenue of $117.8 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $119.7 million.

Del Taco expects full-year earnings in the range of 53 cents to 56 cents per share, with revenue in the range of $504 million to $507 million.

Del Taco shares have decreased nearly 10 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.94, a drop of 28 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TACO at https://www.zacks.com/ap/TACO