Does The Street Have Panera Bread Figured Out?
Panera Bread (NAS: PNRA) is expected to report Q4 earnings on Feb. 5. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Panera Bread's revenues will grow 15.8% and EPS will expand 22.5%.
The average estimate for revenue is $574.3 million. On the bottom line, the average EPS estimate is $1.74.
Last quarter, Panera Bread recorded revenue of $529.3 million. GAAP reported sales were 17% higher than the prior-year quarter's $453.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.24. GAAP EPS of $1.24 for Q3 were 28% higher than the prior-year quarter's $0.97 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 34.5%, 70 basis points better than the prior-year quarter. Operating margin was 11.3%, 80 basis points better than the prior-year quarter. Net margin was 6.9%, 50 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.13 billion. The average EPS estimate is $5.88.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,376 members out of 1,528 rating the stock outperform, and 152 members rating it underperform. Among 449 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 421 give Panera Bread a green thumbs-up, and 28 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Panera Bread is outperform, with an average price target of $173.89.
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The article Does The Street Have Panera Bread Figured Out? originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Panera Bread. The Motley Fool owns shares of Panera Bread. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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