MW Papa John's stock rises as profit and revenue beat analyst estimates
Papa John's International Inc.'s stock was up 6.4% in premarket trading after the pizza chain's adjusted profit and revenue beat analyst expectations.
Papa John's $(PZZA)$ said its fourth-quarter earnings fell to 44 cents a share from 79 cents a share in the year-ago quarter.
Adjusted fourth-quarter profit of 63 cents a share topped the FactSet consensus estimate of 50 cents a share.
Revenue fell 7% to $531 million, above the analyst estimate of $516.6 million.
The company ended the quarter with 6,030 Papa Johns restaurants operating in 51 countries and territories.
(This is a developing news story with updates to come.)
-Steve Gelsi
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February 27, 2025 07:12 ET (12:12 GMT)
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