Papa John's (PZZA) Q1 Earnings and Revenues Top Estimates

Company Performance - Papa John's reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.33 per share, but down from $0.67 per share a year ago, representing an earnings surprise of 9.09% [1] - The company posted revenues of $518.31 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.67% and showing an increase from $513.92 million year-over-year [2] - Over the last four quarters, Papa John's has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance and Outlook - Papa John's shares have declined approximately 18.9% since the beginning of the year, compared to a decline of 4.3% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.53 on revenues of $509.83 million, and for the current fiscal year, it is $1.83 on revenues of $2.07 billion [7] - The estimate revisions trend for Papa John's is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Retail - Restaurants industry, to which Papa John's belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, suggesting a challenging environment [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact investor sentiment [5]