Potbelly Q3 Adj EPS $0.04 Up From $0.01 YoY, Sales $120.77M Miss $122.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Potbelly Corporation (NASDAQ:PBPB) reported Q3 adjusted earnings of $0.04 per share, a 300% increase YoY. However, the company's quarterly sales of $120.77 million missed the analyst consensus estimate of $122.00 million by 1.01%, though it's a 2.65% increase YoY.
November 01, 2023 | 8:29 pm
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Potbelly's Q3 earnings per share increased by 300% YoY, but sales missed estimates by 1.01%.
Potbelly's Q3 earnings per share increased significantly, which is a positive signal for investors. However, the company's sales missed the analyst consensus estimate, which could negatively impact the stock price. The net effect on the stock price is uncertain in the short term.
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