Potbelly Q2 2024 Adj. EPS $0.08 Beats $0.06 Estimate, Sales $119.697M Miss $119.930M Estimate
Portfolio Pulse from Benzinga Newsdesk
Potbelly (NASDAQ:PBPB) reported Q2 2024 adjusted EPS of $0.08, beating the analyst estimate of $0.06. However, sales of $119.697 million missed the $119.930 million estimate. EPS increased by 14.29% year-over-year, while sales decreased by 5.47%.
August 08, 2024 | 8:26 pm
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Potbelly's Q2 2024 adjusted EPS of $0.08 beat estimates by 33.33%, but sales of $119.697 million missed slightly. EPS increased by 14.29% year-over-year, while sales decreased by 5.47%.
The positive EPS surprise is likely to have a short-term positive impact on the stock price, despite the slight miss in sales. The year-over-year increase in EPS also adds to the positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100