AFC Enterprises Inc. (AFCE) reported first quarter adjusted net income of $0.35 per share after the bell Wednesday, up from $0.27 per share in the previous year. The consensus estimate was for EPS of $0.31. Full year adjusted EPS is expected to be between $1.13 and $1.16, up from previous guidance of $1.09 to $1.13. The consensus estimate is for EPS of $1.14.
AFC Enterprises gapped open higher Thursday and rose sharply in early trade, before settling into a range. Shares finished up by 2.74 at $20.85, with volume at nearly a 6-month high. The stock leaped to a new high for the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.