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.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.