Potbelly (PBPB) Set to Announce Quarterly Earnings on Thursday

Potbelly (NASDAQ:PBPB) is set to announce its earnings results after the market closes on Thursday, August 8th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Potbelly (NASDAQ:PBPB) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.03. Potbelly had a return on equity of 36.44% and a net margin of 0.76%. The firm had revenue of $111.15 million for the quarter, compared to analysts’ expectations of $106.80 million. On average, analysts expect Potbelly to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Potbelly Stock Up 2.6 %

Potbelly stock opened at $6.77 on Wednesday. The stock has a 50 day moving average of $7.65 and a two-hundred day moving average of $10.08. Potbelly has a twelve month low of $6.28 and a twelve month high of $14.36. The stock has a market capitalization of $202.03 million, a price-to-earnings ratio of 56.42 and a beta of 1.16. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 0.37.

Wall Street Analyst Weigh In

Separately, Benchmark restated a “buy” rating and issued a $16.00 target price on shares of Potbelly in a research note on Tuesday, May 28th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $14.00.

Potbelly Company Profile

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops in the United States. The company was formerly known as Potbelly Sandwich Works, Inc and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois.