Panera Bread Co. (PNRA: Quote) reported second quarter net income of $1.50 per share after the bell Tuesday, up from $1.18 per share in the previous year. The consensus estimate was for EPS of $1.43. The company expects to report third quarter EPS of $1.16 to $1.18 and between $5.72 and $5.78 for the full year. The consensus estimates are for EPS of $1.19 and $5.69. The stock is now up 8.88 on 242K shares.
Panera Bread traded in a range for the majority of Tuesday's session and closed down by 0.81 at $141.91. The stock finished near the middle of over a 2-month range.
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by RTT Staff Writer
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