Panera Bread (PNRA) Q1 Earnings: Will it Beat Estimates?
Zacks Investment Research | Apr 22, 2016 12:25AM ET
We expect Panera Bread Company (NASDAQ:PNRA) to beat earnings when it reports first-quarter 2016 results on Apr 26. Last quarter, the company posted a positive earnings surprise of 5.6% owing to higher revenues.
The casual dining restaurant chain surpassed earnings estimates in two of the last four quarters with an average surprise of 0.77%.
Let’s see how things are shaping up for this announcement.
Why a Likely Positive Surprise?
Our proven model shows that Panera Bread Company is likely to beat earnings because it has the right combination of two key components.
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