Potbelly: 3Q Earnings Snapshot

November 4, 2019 GMT

CHICAGO (AP) _ Potbelly Corp. (PBPB) on Monday reported a loss of $2.4 million in its third quarter.

The Chicago-based company said it had a loss of 10 cents per share. Earnings, adjusted for one-time gains and costs, were 4 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The sandwich restaurant operator posted revenue of $104.2 million in the period.

In the final minutes of trading on Monday, the company’s shares hit $4.88. A year ago, they were trading at $11.66.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PBPB at https://www.zacks.com/ap/PBPB