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Papa Murphy's beats 4Q profit forecasts

VANCOUVER, Wash. (AP) _ Papa Murphy's Holdings Inc. (FRSH) on Wednesday reported fourth-quarter earnings of $1.5 million.

On a per-share basis, the Vancouver, Washington-based company said it had profit of 9 cents.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The pizza chain posted revenue of $35.5 million in the period.

For the year, the company reported profit of $2.6 million, or 16 cents per share. Revenue was reported as $126.9 million.

In the final minutes of trading on Wednesday, the company's shares hit $4.12. A year ago, they were trading at $10.31.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FRSH at https://www.zacks.com/ap/FRSH

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Keywords: Papa Murphy's Holdings, Earnings Report