Analysts expect that Potbelly Corp (NASDAQ:PBPB) will announce $0.02 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Potbelly’s earnings, with the highest EPS estimate coming in at $0.03 and the lowest estimate coming in at $0.01. Potbelly reported earnings of $0.08 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 75%. The firm is expected to announce its next earnings report after the market closes on Monday, February 25th.

According to Zacks, analysts expect that Potbelly will report full-year earnings of $0.26 per share for the current year, with EPS estimates ranging from $0.26 to $0.27. For the next financial year, analysts anticipate that the business will report earnings of $0.32 per share, with EPS estimates ranging from $0.23 to $0.37. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Potbelly.

Potbelly (NASDAQ:PBPB) last issued its earnings results on Friday, November 9th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The firm had revenue of $107.00 million for the quarter, compared to analyst estimates of $109.82 million. Potbelly had a positive return on equity of 7.35% and a negative net margin of 2.72%. The business’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.07 EPS.

A number of brokerages have recently commented on PBPB. Zacks Investment Research cut shares of Potbelly from a “hold” rating to a “sell” rating in a report on Friday, December 7th. ValuEngine lowered shares of Potbelly from a “hold” rating to a “sell” rating in a research report on Wednesday, January 2nd. BidaskClub lowered shares of Potbelly from a “sell” rating to a “strong sell” rating in a research report on Saturday, December 1st. Finally, Maxim Group restated a “buy” rating and set a $12.00 target price on shares of Potbelly in a research report on Monday, January 28th. Two investment analysts have rated the stock with a sell rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $10.88.

NASDAQ PBPB opened at $8.40 on Wednesday. Potbelly has a 1 year low of $7.71 and a 1 year high of $14.15. The firm has a market capitalization of $208.66 million, a price-to-earnings ratio of 27.10, a P/E/G ratio of 1.52 and a beta of 1.00.

In related news, SVP Matthew J. Revord sold 18,200 shares of the business’s stock in a transaction that occurred on Friday, January 4th. The shares were sold at an average price of $8.15, for a total value of $148,330.00. Following the sale, the senior vice president now directly owns 18,010 shares in the company, valued at approximately $146,781.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 21,800 shares of company stock worth $177,670 over the last 90 days. 10.20% of the stock is owned by insiders.

A number of hedge funds have recently bought and sold shares of PBPB. Jane Street Group LLC acquired a new position in Potbelly during the 3rd quarter valued at $137,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Potbelly in the 3rd quarter valued at about $213,000. Prudential Financial Inc. acquired a new stake in shares of Potbelly in the 3rd quarter valued at approximately $213,000. Equitec Specialists LLC acquired a new stake in shares of Potbelly in the 3rd quarter valued at approximately $243,000. Finally, Deltec Asset Management LLC acquired a new stake in Potbelly during the 3rd quarter worth approximately $252,000. 75.03% of the stock is owned by institutional investors.

Potbelly Company Profile

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly Sandwich Works sandwich shops in the United States. It offers toasty warm sandwiches, salads, and other items. As of November 9, 2018, the company operated approximately 400 shops in the United States; and approximately 50 franchisees operated shops in the United States, the Middle East, Canada, and India.

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