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Papa John's: Q4 Earnings Snapshot

Papa John's: Q4 Earnings Snapshot

By AP News
Published - Feb 23, 2023, 08:12 AM ET
Last Updated - Jun 22, 2023, 07:59 PM EDT

LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Papa John's International Inc. (PZZA) on Thursday reported fourth-quarter net income of $23.5 million.

On a per-share basis, the Louisville, Kentucky-based company said it had profit of 66 cents. Earnings, adjusted for non-recurring costs, were 71 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.

The pizza chain posted revenue of $526.2 million in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $522.8 million.

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