Potbelly (PBPB) to Release Earnings on Wednesday

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

Potbelly (NASDAQ:PBPB) last issued its earnings results on Thursday, March 7th. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. Potbelly had a return on equity of 50.06% and a net margin of 1.04%. The business 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 0.5 %

Shares of NASDAQ PBPB opened at $9.90 on Monday. Potbelly has a 52 week low of $7.12 and a 52 week high of $14.36. The business has a 50-day simple moving average of $11.62 and a two-hundred day simple moving average of $11.04. The company has a quick ratio of 0.70, a current ratio of 0.75 and a debt-to-equity ratio of 1.36. The company has a market cap of $293.83 million, a P/E ratio of 61.88 and a beta of 1.36.

Wall Street Analyst Weigh In

PBPB has been the subject of several analyst reports. William Blair restated a “market perform” rating on shares of Potbelly in a research note on Friday, March 8th. Benchmark raised Potbelly from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Friday, January 12th. Finally, StockNews.com cut Potbelly from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $13.67.

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.