Potbelly (PBPB) Scheduled to Post Quarterly Earnings on Wednesday

Potbelly (NASDAQ:PBPB) will 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. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Potbelly (NASDAQ:PBPB) last posted its earnings results on Thursday, March 7th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. The company had revenue of $125.75 million during the quarter, compared to analyst estimates of $125.80 million. Potbelly had a return on equity of 50.06% and a net margin of 1.04%. 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 NASDAQ:PBPB opened at $9.90 on Monday. The firm’s 50 day simple moving average is $11.62 and its 200 day simple moving average is $11.04. Potbelly has a fifty-two week low of $7.12 and a fifty-two week high of $14.36. The company has a market capitalization of $293.83 million, a price-to-earnings ratio of 61.88 and a beta of 1.36. The company has a debt-to-equity ratio of 1.36, a current ratio of 0.75 and a quick ratio of 0.70.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PBPB. William Blair reiterated a “market perform” rating on shares of Potbelly in a report on Friday, March 8th. StockNews.com cut Potbelly from a “buy” rating to a “hold” rating in a research note on Wednesday, February 21st. Finally, Benchmark raised Potbelly from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research report on Friday, January 12th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target 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.