Potbelly Corp. (PBPB) reported earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line totaled $4.61 million, or $0.15 per share. This compares with $2.74 million, or $0.09 per share, last year.
Excluding items, Potbelly Corp. reported adjusted earnings of $3.91 million or $0.13 per share for the period.
Analysts on average had expected the company to earn $0.07 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 7.3% to $116.63 million from $125.75 million last year.
Potbelly Corp. earnings at a glance (GAAP) :
-Earnings: $4.61 Mln. vs. $2.74 Mln. last year.
-EPS: $0.15 vs. $0.09 last year.
-Revenue: $116.63 Mln vs. $125.75 Mln last year.
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