Stock Track | Papa John's Plunges 7.96% Pre-Market After Q1 Earnings Miss Estimates

Stock Track

05/07

Papa John's stock experienced a sharp pre-market plunge of 7.96% on Thursday.

The decline followed the release of the company's first-quarter financial results, which fell short of analyst expectations. Papa John's reported revenue of $478.609 million, missing the IBES estimate of $485.7 million. Its adjusted earnings per share came in at $0.32, below the estimated $0.35, while its reported EPS was $0.21 with net income of $6.938 million.

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