LOUISVILLE, Ky. — Papa John’s International Inc. today reported third-quarter net income of $29.3 million.
The company said it had profit of 79 cents per share. Earnings, adjusted for restructuring costs, came to 83 cents per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share.
The pizza chain posted revenue of $512.8 million in the period, also beating Street forecasts. Six analysts surveyed by Zacks expected $501.3 million.