Potbelly (PBPB) Set to Announce Earnings on Thursday

Potbelly (NASDAQ:PBPB) is set to post its quarterly earnings results after the market closes on Thursday, August 8th. Analysts expect Potbelly to post earnings of $0.06 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Potbelly (NASDAQ:PBPB) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.03. The business had revenue of $111.15 million for the quarter, compared to analysts’ expectations of $106.80 million. Potbelly had a return on equity of 36.44% and a net margin of 0.76%. On average, analysts expect Potbelly to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Potbelly Stock Performance

Shares of PBPB stock opened at $6.77 on Wednesday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.48 and a quick ratio of 0.43. The firm has a 50-day moving average of $7.65 and a 200-day moving average of $10.08. Potbelly has a one year low of $6.28 and a one year high of $14.36. The company has a market cap of $202.03 million, a P/E ratio of 56.42 and a beta of 1.16.

Analysts Set New Price Targets

Separately, Benchmark reissued a “buy” rating and set a $16.00 target price on shares of Potbelly in a research report on Tuesday, May 28th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, Potbelly presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.00.

About Potbelly

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.