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
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
February 27, 2025 07:12 ET (12:12 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.