Fogo de Chão, Inc. FOGO just released its first quarter fiscal 2016 earnings results, posting earnings of $0.21 per share and revenue of $68.86 million. Currently, FOGO has a Zacks Rank #4 (Sell), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below. Fogo de Chão: 1. Missed earnings estimates. The company posted earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.23 per share. 2. Missed revenue estimates. The company saw revenue figures of $68.86 million, which lagged behind our consensus estimate of $72 million but increased 6% year-over-year. 3. Reported company-owned comparable restaurant sales increased 1.1%, in-line with guidance, as well as opened a third Chicago-area location in Naperville, IL. 4. Reiterated its previous guidance for expected fiscal 2016 results, including diluted EPS in the range of $0.93-0.96 per share. 5. Reported that U.S. restaurant revenue increased 10.9% to $60.6 million in the first quarter. Here’s a graph that looks at Fogo de Chão’s stock performance vs. its peers over the past three months: Fogo De Chão, Inc. owns and operates Brazilian steakhouses. It offers beef, lamb, chicken, pork and seafood items as well as liquor, beer and wine. The company operates primarily in the United States, Puerto Rico and Brazil. Fogo De Chão, Inc. is headquartered in Dallas, Texas. Check back later for our full analysis on Fogo de Chão’s first quarter earnings report! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report FOGO DE CHAO (FOGO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research