Papa Murphy's Holdings Inc (FRSH) Releases Earnings Results, Beats Expectations By $0.01 EPS

Papa Murphy's Holdings Inc (FRSH) reported quarterly earnings results on Wednesday, Aug-3-2016. The company said it had a profit of $0.06 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.05. The company posted revenue of $29.90 million in the period, compared to analysts expectations of $33.24 million. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS.

Papa Murphy's Holdings Inc closed down -0.31 points or -4.36% at $6.8 with 2,00,080 shares getting traded on Tusday. Post opening the session at $7.08, the shares hit an intraday low of $6.78 and an intraday high of $7.17 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Dec 16, 2015, L David Mounts (director) purchased 5,000 shares at $11.14 per share price. According to the SEC, on Nov 10, 2015, Victoria T. Blackwell (SVP of Talent and CLO) purchased 830 shares at $11.91 per share price. On Aug 21, 2015, Mark Edward Hutchens (CFO) purchased 2,575 shares at $13.41 per share price, according to the Form-4 filing with the securities and exchange commission.

Papa Murphy’s Holdings Inc. is a franchisor and operator of the Take ‘N’ Bake pizza chain in the United States. The Company operated a total of 1461 system-wide stores as of December 29 2014. The Company’s offerings include Signature pizzas which include classic combinations of twists; Gourmet Delite pizzas including gourmet combination offerings with 25% less fat and 35% fewer calories than the Signature pizzas; Stuffed pizzas which consists of two-layer four-pound pizzas with meats and vegetables stuffed in two layers of dough; Fresh Pan pizza including signature recipes with a fresh thicker buttery crust; Create Your Own (C.Y.O.) pizzas including customer selection of crust sauce and various combination of the cheese meat and vegetable toppings; and FAVES which consists of three simple pizza classics.

Papa Murphy's Holdings Inc

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