Potbelly (PBPB) Issues FY 2018 Earnings Guidance
Potbelly (NASDAQ:PBPB) issued an update on its FY 2018 earnings guidance on Friday morning. The company provided EPS guidance of $0.26-0.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.37. Potbelly also updated its FY18 guidance to $0.26-0.27 EPS.
PBPB stock traded down $0.75 during midday trading on Friday, hitting $10.86. 1,315,968 shares of the company traded hands, compared to its average volume of 319,982. Potbelly has a twelve month low of $10.00 and a twelve month high of $14.15. The company has a market cap of $298.11 million, a PE ratio of 35.03, a price-to-earnings-growth ratio of 1.82 and a beta of 0.78.
Potbelly (NASDAQ:PBPB) last announced its quarterly earnings results on Friday, November 9th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.01). Potbelly had a negative net margin of 2.33% and a positive return on equity of 6.70%. The company had revenue of $107.00 million for the quarter, compared to analyst estimates of $109.82 million. During the same quarter last year, the business earned $0.07 EPS. The company’s revenue for the quarter was up .8% on a year-over-year basis. On average, sell-side analysts expect that Potbelly will post 0.37 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY WARNING: “Potbelly (PBPB) Issues FY 2018 Earnings Guidance” was originally published by Daily Political and is owned by of Daily Political. If you are accessing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright laws. The original version of this story can be read at https://www.dailypolitical.com/2018/11/10/potbelly-pbpb-issues-fy-2018-earnings-guidance.html.
Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly Sandwich Works sandwich shops in the United States. It offers toasty warm sandwiches, salads, and other items. As of August 7, 2018, the company operated approximately 400 shops in the United States; and approximately 50 franchisees operated shops in the United States, the Middle East, the United Kingdom, Canada, and India.
Further Reading: How is Preferred Stock Different from Common Stock?
Receive News & Ratings for Potbelly Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Potbelly and related companies with MarketBeat.com's FREE daily email newsletter.