Papa John's International Q2 adjusted earnings Miss Estimates

(RTTNews) - Papa John's International (PZZA) released earnings for second quarter that fell from last year.

The company's profit came in at $11.79 million, or $0.36 per share. This compares with $23.54 million, or $0.65 per share, in last year's second quarter.

Excluding items, Papa John's International reported adjusted earnings of $15.87 million or $0.49 per share for the period.

Analysts had expected the company to earn $0.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 6.2% to $407.96 million from $434.78 million last year.

Papa John's International earnings at a glance:

-Earnings (Q2): $15.87 Mln. vs. $23.54 Mln. last year. -EPS (Q2): $0.49 vs. $0.65 last year. -Analysts Estimate: $0.54 -Revenue (Q2): $407.96 Mln vs. $434.78 Mln last year.

-Guidance: Full year EPS guidance: $1.30 - $1.80