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

• Potbelly Corp PBPB.OQ reported quarterly breakeven results​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 1 cents. The mean expectation of three analysts for the quarter was for a loss of 2 cents per share. Wall Street expected results to range from -3 cents to -2 cents per share.

• Revenue rose 2.3% to $113.68 million from a year ago; analysts expected $111.96 million.

• Potbelly Corp's reported EPS for the quarter was breakeven results​.

• The company reported a quarterly loss of $62 thousand.

• Potbelly Corp shares had fallen by 11.3% this quarter and lost 10.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 150% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

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 $17.00

This summary was machine generated from LSEG data May 7 at 10:21 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)