Papa John's International Q3 Adj. EPS $0.53 Misses $0.57 Estimate, Sales $522.81M Miss $530.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
Papa John's International reported Q3 earnings of $0.53 per share, missing the analyst consensus estimate of $0.57 by 7.02%. This is a 1.85% decrease from the same period last year. The company also reported quarterly sales of $522.81 million, missing the analyst consensus estimate of $530.50 million by 1.45%. This is a 2.41% increase from the same period last year.
November 02, 2023 | 11:08 am
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NEGATIVE IMPACT
Papa John's Q3 earnings and sales missed analyst estimates, which could negatively impact the stock price in the short term.
Papa John's reported lower than expected earnings and sales for Q3. This underperformance could lead to a decrease in investor confidence and a potential drop in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100