Papa John's Pizza Beats Earnings Estimates, Reports $16M in Q3
Papa John's reported third quarter earnings of $16 million on Wednesday, beating Wall Street estimates.
Investors are hungry for Papa John's pizza. The Kentucky based pizza giant reported third quarter earnings of $16 million on Wednesday, beating Wall Street estimates. The pizza giant posted a net income of 39 cents per share, with a revenue of $390.4 million. Papa John’s shares have risen around 3 percent since the beginning of the year with the stock up 22 percent in the last 12 months. Papa John’s has revised earnings for the end of the year and is now expecting to reach around $1.74 per share. The company Chairman and CEO congratulated his company operators for pushing digital innovation and consistent quality.
