Papa John's International Inc Q4 Profit Decreases, But Beats Estimates

Papa John`s International

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(RTTNews) - Papa John's International Inc (PZZA) reported a profit for fourth quarter that decreased from last year but beat the Street estimates.

The company's bottom line totaled $14.80 million, or $0.44 per share. This compares with $26.09 million, or $0.79 per share, last year.

Excluding items, Papa John's International Inc reported adjusted earnings of $20.65 million or $0.63 per share for the period.

Analysts on average had expected the company to earn $0.50 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 7.1% to $530.77 million from $571.32 million last year.

Papa John's International Inc earnings at a glance (GAAP) :

-Earnings: $14.80 Mln. vs. $26.09 Mln. last year. -EPS: $0.44 vs. $0.79 last year. -Revenue: $530.77 Mln vs. $571.32 Mln last year.