Papa John's Q1 Profit Rises; Updates 2015 Guidance - Quick Facts

(RTTNews) - Papa John's International, Inc. (PZZA) reported that its first-quarter net income to company increased 15.1% to $22.2 million, compared to $19.3 million, last year. Earnings per share was $0.55, compared to $0.45.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.53 for the quarter. Analysts' estimates typically exclude special items.

Revenues were $432.3 million, a 7.7% increase from first quarter 2014 revenues of $401.4 million. System-wide comparable sales increases were 6.5% for North America and 7.7% for international. Analysts expected revenue of $415.88 million for the quarter.

For 2015, the company now expects: earnings per share to be in the range of $2.00 to $2.08; and North America comparable sales to increase in the range of 3% to 5%. Analysts expect the company to report fiscal 2015 earnings per share of $2.06.