Potbelly Corp reports results for the quarter ended December 31 - Earnings Summary

• Potbelly Corp PBPB.OQ reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of four analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 5 cents to 7 cents per share.

• Revenue fell 7.3% to $116.63 million from a year ago; analysts expected $116.37 million.

• Potbelly Corp's reported EPS for the quarter was 15 cents​.

• The company reported quarterly net income of $4.61 million.

• Potbelly Corp shares had risen by 23.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 36.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the restaurants & bars peer group is also "buy"

Wall Street's median 12-month price target for Potbelly Corp is $16.00

This summary was machine generated from LSEG data March 6 at 10:55 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)