Papa John's shares rose in extended trading after the company missed on earnings and revenue.
Papa John's International on Tuesday reported quarterly earnings and revenue that fell short of analysts' expectations. Shares of the company rose 4 percent in extended trading. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 15 cents, adjusted, vs.
17 cents expectedRevenue: $374.0 million vs. $390.1 million expected Papa John's swung to fiscal fourth-quarter net loss of $13.8 million, or 44 cents per share, from net income of $28.5 million, or 81 cents per share, a year earlier. Excluding items, the pizza chain earned 15 cents per share, falling short of the 17 cents per share expected by analysts. Net sales fell 20 percent to $374.0 million, missing expectations of $390.1 million.