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5 Restaurant Stocks Serving Up Earnings Reports This Week: (PBPB, PZZA, JACK, NDLS, WING)
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The current earnings reporting cycle is coming to an end, but this week will not see a shortage of companies releasing their most recent quarters financial results, as over 1,000 publicly traded companies are slated to do so.
One industry that will see a multitude of its members release financial results is the restaurant industry, The restaurant industry is that is closely watched by many, as the performance of its members often times presents good insight into the overall state of the economy and where its headed, in addition to showing if and where consumer spending is occurring.
This week will see several restaurant companies release their most recent quarter’s financial results, but we’ve picked 5 that we here at Zacks will be watching for, and that you may want to keep an eye out for too.
Potbelly Corporation (PBPB - Free Report) is one of the first of the group releasing their most recent quarter’s financial results this week. The sandwich shop is set to release their second quarter fiscal 2016 earnings report on Tuesday, after market close. Potbelly is currently a Zacks Rank #4 (Sell), and shares of the company are up just over 6% year-to-date.
Heading into its earnings report, the Zacks Consensus Estimate for the company’s EPS stands at $0.12. Revenue is estimated to come in at $105.18 million. Last quarter the company reported earnings that were in line with estimates, at $0.04 per share. Over its last 4 quarters, Potbelly has posted an earnings beat twice, and its average earnings surprise figure over the period is 3.28%.
Papa John’s International Inc. (PZZA - Free Report) is also set to release its second quarter financial results on Tuesday. The pizza joint is currently a Zacks Rank #2 (Buy), and shares of PZZA are up nearly 33% year-to-date. The Zacks Consensus Estimate for the company’s quarterly EPS stands at $0.54, which would represent 14% earnings growth year-over-year. Revenue for the quarter is estimated to come in at $415.91 million.
Papa John’s has met or beaten earnings estimates in 3 of its last 4 quarters, posting an average earnings surprise of 3.55%. There are especially high hopes for the company’s earnings report after fellow pizza restaurant Dominos Pizza (DPZ - Free Report) reported strong second quarter results that included 9% same-store sales growth.
Next on the list is Jack In The Box (JACK - Free Report) , which is scheduled to release its third quarter earnings report on Wednesday after market close. The company is currently a Zacks Rank #2 (Buy), and shares of JACK are up over 18% year-to-date.
The Zacks Consensus Estimate for the burger chain’s EPS stands at $0.87, and the Most Accurate Estimate stands at $0.88, representing an earnings surprise prediction figure of 1.15%. Quarterly revenue for JACK is estimated to come in at $366.81 million. The company has only beaten on earnings estimates in 2 of its last 4 quarters, with its last quarter seeing an earnings beat of 21.43%.
On Thursday after market close, fast-casual restaurant Noodles & Company (NDLS - Free Report) will release its second quarter 2016 financial results. The company is currently a Zacks Rank #4 (Sell) stock, and shares of NDLS are down nearly 23.5% year-to-date.
The Zacks Consensus Estimate for the company’s Q2 EPS stands at -$0.01, and revenues are estimated to come in at $123.54 million for the period. The company has seen a great deal of negative analyst earnings estimate revision activity for the quarter, with 7 analysts lowering their estimates in the last 30 days. This has pushed the quarter’s EPS much further down from the $0.05 figure that was the consensus estimate 30 days ago. NDLS is coming off an earnings beat last quarter though, posting an earnings surprise of 14.29% in Q1.
Finally on the list there’s Wingstop Inc. (WING - Free Report) , which is scheduled to release its second quarter fiscal 2016 financial results Thursday after market close. The company is currently a Zacks Rank #4 (Sell), but shares of WING are up more than 15% year-to-date.
The Zacks Consensus Estimate for the company’s Q2 EPS stands at $0.14, and revenues are expected to come in at $22.17 million for the period. Since its IPO launch last year, WING has beaten earnings estimates in each quarter, posting an average earnings beat of 19.23%. In its most recent quarter, the company posted an earnings beat of 14.29%.
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5 Restaurant Stocks Serving Up Earnings Reports This Week: (PBPB, PZZA, JACK, NDLS, WING)
The current earnings reporting cycle is coming to an end, but this week will not see a shortage of companies releasing their most recent quarters financial results, as over 1,000 publicly traded companies are slated to do so.
One industry that will see a multitude of its members release financial results is the restaurant industry, The restaurant industry is that is closely watched by many, as the performance of its members often times presents good insight into the overall state of the economy and where its headed, in addition to showing if and where consumer spending is occurring.
This week will see several restaurant companies release their most recent quarter’s financial results, but we’ve picked 5 that we here at Zacks will be watching for, and that you may want to keep an eye out for too.
Potbelly Corporation (PBPB - Free Report)
Potbelly Corporation (PBPB - Free Report) is one of the first of the group releasing their most recent quarter’s financial results this week. The sandwich shop is set to release their second quarter fiscal 2016 earnings report on Tuesday, after market close. Potbelly is currently a Zacks Rank #4 (Sell), and shares of the company are up just over 6% year-to-date.
Heading into its earnings report, the Zacks Consensus Estimate for the company’s EPS stands at $0.12. Revenue is estimated to come in at $105.18 million. Last quarter the company reported earnings that were in line with estimates, at $0.04 per share. Over its last 4 quarters, Potbelly has posted an earnings beat twice, and its average earnings surprise figure over the period is 3.28%.
POTBELLY CORP Price and EPS Surprise
POTBELLY CORP Price and EPS Surprise | POTBELLY CORP Quote
Papa John’s International Inc. (PZZA - Free Report)
Papa John’s International Inc. (PZZA - Free Report) is also set to release its second quarter financial results on Tuesday. The pizza joint is currently a Zacks Rank #2 (Buy), and shares of PZZA are up nearly 33% year-to-date. The Zacks Consensus Estimate for the company’s quarterly EPS stands at $0.54, which would represent 14% earnings growth year-over-year. Revenue for the quarter is estimated to come in at $415.91 million.
Papa John’s has met or beaten earnings estimates in 3 of its last 4 quarters, posting an average earnings surprise of 3.55%. There are especially high hopes for the company’s earnings report after fellow pizza restaurant Dominos Pizza (DPZ - Free Report) reported strong second quarter results that included 9% same-store sales growth.
PAPA JOHNS INTL Price and EPS Surprise
PAPA JOHNS INTL Price and EPS Surprise | PAPA JOHNS INTL Quote
Jack In The Box Inc. (JACK - Free Report)
Next on the list is Jack In The Box (JACK - Free Report) , which is scheduled to release its third quarter earnings report on Wednesday after market close. The company is currently a Zacks Rank #2 (Buy), and shares of JACK are up over 18% year-to-date.
The Zacks Consensus Estimate for the burger chain’s EPS stands at $0.87, and the Most Accurate Estimate stands at $0.88, representing an earnings surprise prediction figure of 1.15%. Quarterly revenue for JACK is estimated to come in at $366.81 million. The company has only beaten on earnings estimates in 2 of its last 4 quarters, with its last quarter seeing an earnings beat of 21.43%.
JACK IN THE BOX Price and EPS Surprise
JACK IN THE BOX Price and EPS Surprise | JACK IN THE BOX Quote
Noodles & Company (NDLS - Free Report)
On Thursday after market close, fast-casual restaurant Noodles & Company (NDLS - Free Report) will release its second quarter 2016 financial results. The company is currently a Zacks Rank #4 (Sell) stock, and shares of NDLS are down nearly 23.5% year-to-date.
The Zacks Consensus Estimate for the company’s Q2 EPS stands at -$0.01, and revenues are estimated to come in at $123.54 million for the period. The company has seen a great deal of negative analyst earnings estimate revision activity for the quarter, with 7 analysts lowering their estimates in the last 30 days. This has pushed the quarter’s EPS much further down from the $0.05 figure that was the consensus estimate 30 days ago. NDLS is coming off an earnings beat last quarter though, posting an earnings surprise of 14.29% in Q1.
NOODLES & CO Price and EPS Surprise
NOODLES & CO Price and EPS Surprise | NOODLES & CO Quote
Wingstop Inc. (WING - Free Report)
Finally on the list there’s Wingstop Inc. (WING - Free Report) , which is scheduled to release its second quarter fiscal 2016 financial results Thursday after market close. The company is currently a Zacks Rank #4 (Sell), but shares of WING are up more than 15% year-to-date.
The Zacks Consensus Estimate for the company’s Q2 EPS stands at $0.14, and revenues are expected to come in at $22.17 million for the period. Since its IPO launch last year, WING has beaten earnings estimates in each quarter, posting an average earnings beat of 19.23%. In its most recent quarter, the company posted an earnings beat of 14.29%.
WINGSTOP INC Price and EPS Surprise
WINGSTOP INC Price and EPS Surprise | WINGSTOP INC Quote
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