LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Papa John's International Inc. (PZZA) on Thursday reported third-quarter profit of $3.1 million.
The Louisville, Kentucky-based company said it had profit of 9 cents per share. Earnings, adjusted for one-time gains and costs, were 16 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.
The pizza chain posted revenue of $454.8 million in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $457.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PZZA at https://www.zacks.com/ap/PZZA
