Panera Bread shares rise after earnings top Street view

Panera Bread Co. shares rose in the extended session Tuesday after the restaurant-bakery chain topped Wall Street earnings estimates for the quarter. Panera shares rose 3.7% to $191.50. The company reported adjusted fourth-quarter earnings of $1.88 a share on revenue of $691.8 million. Analysts surveyed by FactSet had forecast earnings of $1.78 a share on revenue of $695.7 million.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

…read more

From:: Stock Market News

Leave a Reply