Papa John’s: 2nd quarter earnings snapshot

LOUISVILLE, Ky. — Papa John’s International Inc. today reported second-quarter net income of $15.7 million.

The company said it had net income of 48 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 40 cents per share.

The pizza chain posted revenue of $460.6 million in the period, which missed Street forecasts. Seven analysts surveyed by Zacks expected $463.9 million.

Papa John’s shares have climbed 57% since the beginning of the year. The stock has more than doubled in the past 12 months.

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