Papa John's earnings miss estimates, revenue falls
Papa John's International Inc.'s revenue fell nearly 16 percent in the third quarter as the pizza company missed analysts' expectations across the board.
The Louisville-based company posted revenue of $364 million, missing the average Yahoo analyst expectation of $394 million. Papa John's revenue was down 16 percent from $431.7 million in the same quarter last year.
The company posted adjusted earnings per share of 20 cents, diluted, which missed analysts' average expectations by 2 c...