Potbelly seeks to satisfy people’s cravings across the US. The restaurant chain offers sandwiches primarily, while offering soups, salads, chili, smoothies, and more. For most of 2015 thus far, the stock price has been relatively stagnant. Hopefully this will change with the positivity the company’s Q4 earnings report brought. Investors have high expectations for the stock in the long run, with PBPB having a PE of 56.24.
The EPS consensus estimate has remained constant in the past 90 days, with an estimate of $0.04. PBPB is currently a Zacks Rank #3 (Hold).
Earnings: Potbelly surpassed our original expectations for an EPS of $0.04, actually posting earnings of $0.06. That’s a beat of 33%!
Revenue: Potbelly beat our sales consensus of $83 million, actually reporting revenues of $84.8 million.
Key stat: Potbelly expects at least 20% growth in its annual adjusted net income for fiscal 2015.
Stock Price: PBPB rallied today, and closed up 2% at the bell. At that time, the company reported its earnings. Since then, PBPB has surged over 11% in after hours.
Stay tuned for our full earnings report on Potbelly later!
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POTBELLY CORP (PBPB): Free Stock Analysis Report
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