Panera Bread Co. (PNRA) Tuesday reported first-quarter net income of $48.1 million, or $1.64 per share, compared to $41.2 million, or $1.40 per share in the comparable quarter last year.
On average, 27 analysts polled by Thomson Reuters expected the company to earn $1.65 per share for the quarter. Analysts' estimates typically exclude special items.
Meanwhile, total revenues for the quarter grew 13 percent to $561.78 million from $498.58 million in the prior year, while analysts estimated revenues of $566.30 million for the quarter.
Looking forward to the second-quarter of 2013 the company expects to report earnings in a range of $1.74 per share to $1.78 per share. Analysts currently estimate earnings of $1.78 per share for the second quarter.
Also, the company said it is maintaining its full year fiscal 2013 earnings per share growth rate of 17% to 19%.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.