Papa John's stock rises despite earnings, revenue miss

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Papa John's stock rises despite earnings, revenue miss
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Papa John's shares rose in extended trading after the company missed on earnings and revenue.

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Papa John's International on Tuesday reported quarterly earnings and revenue that fell short of analysts' expectations. Shares of the company rose 4 percent in extended trading. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 15 cents, adjusted, vs.

17 cents expectedRevenue: $374.0 million vs. $390.1 million expected Papa John's swung to fiscal fourth-quarter net loss of $13.8 million, or 44 cents per share, from net income of $28.5 million, or 81 cents per share, a year earlier. Excluding items, the pizza chain earned 15 cents per share, falling short of the 17 cents per share expected by analysts. Net sales fell 20 percent to $374.0 million, missing expectations of $390.1 million.

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It’s going to take years before they get back to previous earnings growth. P/e is too high and will continue to deflate over the next 24 months. Domino’s is overvalued too.

More early. Pump and dump

I haven't had a Papa John's pizza in years. I wouldn't eat that racist's pizza even if it was free. PapaJohns - change your name if Papa is truly gone. If not, enjoy the boycott.

Do NOT buy papa johns! They suck!

Silly

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