** Shares of fast casual restaurant chain Portillo's PTLO.O up 8% at $14.65 premarket
** Company forecasts annual profit largely above expectations, following a quarterly profit beat helped by higher menu prices
** Co expects annual adjusted EBITDA growth between 6% and 8%, vs Street estimate of 6.4% growth - data compiled by LSEG
** Reports Q4 adjusted EBITDA of $25.2 million, above expectations of $21 million
** Sees annual revenue growth forecast of 11% to 12% vs. estimate of 11.4%
** Also posts surprise 0.4% rise in quarterly same-restaurant sales, compared to estimate of 0.3% decline, while revenue of $184.6 million is in line with estimate
** PTLO fell 41% in 2024
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
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