Papa John's International, Inc. (NASDAQ:PZZA) is expected to report third quarter earnings results, before market open, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.32 per share.
Looking ahead, the full year income are expected at $ 1.44 per share on the revenues of $ 1797.52 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 1.35 ~ $ 1.55 per share
Click Here For More Historical Outlooks Of Papa John's International, Inc.
Previous Quarter Performance
Papa John's International, Inc. unwinded income for the second quarter of $ 0.48 per share, from the revenue of $ 460.62 million. The quarterly earnings 71.43 percent while revenues increased 15.26 percent compared with the same quarter last year.
According to street consensus, PZZA was expected to report 2Q20 income of $ 0.45 per share from revenue of $ 467.47 million. The bottom line results beat street analysts by $ 0.03 or 6.67 percent, at the same time, top line results fell short of analysts by $ 6.85 million or 1.47 percent.
Stock Performance
Shares of Papa John's International, Inc. traded up $ 1.45 or 1.94 percent on Wednesday, reaching $ 76.11 with volume of 674.80 thousand shares. Papa John's International, Inc. has traded high as $ 76.39 and has cracked $ 74.66 on the downward trend
The closing price of $ 76.11, representing a 161.51 % increase from the 52 week low of $ 28.55 and a 26.98 % decrease over the 52 week high of $ 102.25.
The company has a market capital of $ 2.50 billion and is part of the Consumer Cyclical sector and Restaurants industry.
Recent Analyst recommendations
- On 2nd October 2020, initiated by Loop Capital at Buy rating, with $ 110.00 target price.
- On 1st October 2020, initiated by KeyBanc at Overweight rating, with $ 94.00 target price.
Conference Call
Papa John's International, Inc. will be hosting a conference call at 8:00 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.papajohns.com
Papa Johns International, Inc. operates and franchises pizza delivery and carryout restaurants under the Papa Johns trademark in the United States and internationally. It operates through four segments: Domestic Company-Owned Restaurants, North America Commissaries, North America Franchising, and International Operations.
