Papa John's Int'l (PZZA) Releases Earnings Results, Beats Expectations By $0.07 EPS

Papa John's Int'l (PZZA) reported quarterly earnings results on Tuesday, Aug-2-2016. The company said it had a profit of $0.61 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.07. Analysts had a consensus of $0.54. The company posted revenue of $423.00 million in the period, compared to analysts expectations of $414.45 million. The company’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.47 EPS.

Many Wall Street Analysts have commented on Papa John's Int'l. KeyBanc Capital Mkts Upgraded Papa John's Int'l on Jul 20, 2016 to ” Overweight”, Price Target of the shares are set at $80.Papa John's Int'l was Downgraded by Nomura to ” Neutral” on Jun 22, 2016.

Papa John's Int'l opened for trading at $73.93 and hit $74.69 on the upside on Friday, eventually ending the session at $73.95, with a gain of 0.41% or 0.3 points. The heightened volatility saw the trading volume jump to 1,91,893 shares. Company has a market cap of $2,754 M.

In a different news, on Nov 9, 2015, Wayne Kent Taylor (director) purchased 8,590 shares at $57.71 per share price. According to the SEC, on Jun 5, 2015, Robert C. Kraut (SVP, Chief Marketing Officer) sold 2,493 shares at $68.00 per share price. On Jun 2, 2015, Steve M Ritchie (Chief Operating Officer) sold 2,750 shares at $69.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Papa John’s International Inc. (Papa John’s) operates and franchises pizza delivery and carryout restaurants. The Company operates these restaurants in international markets dine-in and delivery restaurants under the trademark Papa John’s. Papa John’s operates in five segments: domestic Company-owned restaurants domestic commissaries North America franchising international operations and all other business units. North America is defined as the United States and Canada. Domestic is defined as the contiguous United States. International franchisees are defined as all franchise operations outside of the United States and Canada. The Company owns full-service international QC Centers in the United Kingdom Mexico City Mexico and Beijing China. Its other international QC Centers are licensed to franchisees or non-franchisee third parties and are located in the markets where the Company’s franchisees have restaurants.

Papa John's Int'l

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