Papa John's International Earnings Decline In Q1

(RTTNews) - Papa John's International (PZZA) announced a profit for first quarter that fell from last year.

The company's bottom line came in at $16.66 million, or $0.50 per share. This compares with $28.83 million, or $0.77 per share, in last year's first quarter.

Analysts had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.9% to $427.37 million from $449.27 million last year.

Papa John's International earnings at a glance:

-Earnings (Q1): $16.66 Mln. vs. $28.83 Mln. last year. -EPS (Q1): $0.50 vs. $0.77 last year. -Analysts Estimate: $0.62 -Revenue (Q1): $427.37 Mln vs. $449.27 Mln last year.