Potbelly (PBPB) Set to Announce Quarterly Earnings on Wednesday

Potbelly (NASDAQ:PBPB) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Potbelly (NASDAQ:PBPB) last announced its earnings results on Thursday, March 7th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. Potbelly had a net margin of 1.04% and a return on equity of 50.06%. The company had revenue of $125.75 million during the quarter, compared to the consensus estimate of $125.80 million. On average, analysts expect Potbelly to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Potbelly Stock Down 0.6 %

Potbelly stock opened at $9.84 on Tuesday. Potbelly has a fifty-two week low of $7.12 and a fifty-two week high of $14.36. The company has a debt-to-equity ratio of 1.36, a quick ratio of 0.70 and a current ratio of 0.75. The firm’s 50-day simple moving average is $11.54 and its 200 day simple moving average is $11.05. The stock has a market cap of $292.05 million, a PE ratio of 61.50 and a beta of 1.36.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on PBPB. Benchmark raised Potbelly from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a report on Friday, January 12th. William Blair reissued a “market perform” rating on shares of Potbelly in a research report on Friday, March 8th. Finally, StockNews.com lowered Potbelly from a “buy” rating to a “hold” rating in a research report on Wednesday, February 21st. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $13.67.

Potbelly Company Profile

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops in the United States. The company was formerly known as Potbelly Sandwich Works, Inc and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois.