LAKE FOREST, Calif. (AP) Del Taco Restaurants Inc. (TACO) on Wednesday reported fourth-quarter earnings of $35.2 million.
The Lake Forest, California-based company said it had net income of 89 cents per share. Earnings, adjusted for pretax gains, came to 15 cents per share.
The restaurant chain posted revenue of $146.5 million in the period.
For the year, the company reported profit of $49.9 million, or $1.25 per share. Revenue was reported as $471.5 million.
Del Taco expects full-year earnings in the range of 59 cents to 63 cents per share, with revenue in the range of $506 million to $516 million.
Del Taco shares have increased 5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.75, a climb of almost 9 percent in the last 12 months.