Papa John's International
The 10-second takeaway
For the quarter ended Dec. 30 (Q4), Papa John's International beat expectations on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew significantly. GAAP earnings per share grew.
Gross margins increased, operating margins shrank, net margins contracted.
Papa John's International booked revenue of $367.3 million. The five analysts polled by S&P Capital IQ predicted revenue of $353.3 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $306.2 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.74. The five earnings estimates compiled by S&P Capital IQ forecast $0.76 per share. GAAP EPS of $0.74 for Q4 were 12% higher than the prior-year quarter's $0.66 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 45.7%, much better than the prior-year quarter. Operating margin was 7.4%, 40 basis points worse than the prior-year quarter. Net margin was 4.7%, 50 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $361.7 million. On the bottom line, the average EPS estimate is $0.83.
Next year's average estimate for revenue is $1.41 billion. The average EPS estimate is $2.97.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 193 members out of 239 rating the stock outperform, and 46 members rating it underperform. Among 87 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 72 give Papa John's International a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Papa John's International is hold, with an average price target of $58.00.
Does Papa John's International have what it takes to execute internationally? Take a look at some American restaurant concepts that are generating profits in all over the globe in, "3 American Companies Set to Dominate the World." It's free for a limited time. Click here for instant access to this free report.
- Add Papa John's International to My Watchlist.