Potbelly's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Potbelly (NASDAQ:PBPB) is scheduled to release its quarterly earnings report on Thursday, 2024-03-07, with an estimated EPS of $0.03. Analysts and investors are keen on not just the earnings beat but also the company's guidance for future growth. Potbelly's past earnings performance shows a mixed impact on its stock price, with the last quarter's beat resulting in a 9.66% share price increase. Shares are currently trading at $13.6, marking a 57.72% increase over the last 52 weeks.
March 06, 2024 | 3:01 pm
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Potbelly is expected to report an EPS of $0.03 for the upcoming quarter, with past performance indicating potential stock price movement post-earnings announcement.
Given Potbelly's history of stock price movements following earnings beats and the anticipation of positive guidance, there's a high likelihood of a positive short-term impact on PBPB's stock price, especially considering the 57.72% increase over the last 52 weeks and the positive reaction to the last quarter's earnings beat.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100