Shares of Fogo de Chao Inc. rose marginally late Tuesday after the company released its first quarterly results since going public in June. The Brazilian steakhouse said its second-quarter earnings fell to $2.5 million, or 10 cents a share, from $3.7 million, or 16 cents a share, in the year-earlier period. On an adjusted basis, Fogo de Chao earned 25 cents a share, better than analysts' estimate of 19 cents a share in a FactSet survey. Revenue fell to $68.2 million from $68.5 million. Fogo de Chao shares rose 0.4% in after hours.
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