Become A Sponsor
PNRA Sky-Rocketing Higher by $17.09 (14.8%) to $132.82 | Kudrna's Stock Market Talk
In An Effort To Bring More Diversified Content To Our Readers.....Welcome Our New Authors To KSMT.....BreakoutTrader, TIPSTER, and Ryan Canady......Profiles Can Be Viewed On Right Column
Featured Articles
1 2 3 4 5 6 7 8 9 10
Seeking Alpha Certified 36,000+ Following KSMT And GROWING! Click To Join For Free!
avatar
PNRA Sky-Rocketing Higher by $17.09 (14.8%) to $132.82 by | This entry was posted on Wednesday, October 26th, 2011 and filed under Stock Market   Comments Off


Price change: PNRA, Panera, crushing earnings sending the stock up by $17.09 to $132.82 (14.8%)

Thesis: Regardless of a slowdown globally, the high-growth food stocks have been on fire as PNRA beats top and bottom line.

Bottom line: Panera is hitting on all the right cylinders as they beat on the top and bottom line. Their bottom line came in at $.97 vs street estimates of $.94. They also crushed their revenues up from $372 million last year to $453 million this year. Panera also lifted their Q4 guidance and estimates for next year to $5.38-$5.48 above analysts $5.29 per share. The stock hit new all-time highs today of $138.58 before profit takers came in. The run-up in CMG, Chipotle, should have a good sign that Panera would report good earnings and trade higher after earnings.

Similar Posts:

    None Found

More on this topic (What's this?)
Panera Vs. Chipotle: Who’s The King Of Casual Fast Food?
Panera Bread Company Earnings Estimate $PNRA
Read more on Panera Bread Company at Wikinvest
FacebookDeliciousDiggGoogle GmailLinkedInStumbleUponTumblrRedditAOL MailMessengerPrintFriendlyYahoo MailYahoo MessengerYahoo BookmarksTechnorati FavoritesGoogle ReaderGoogle BookmarksBlogger PostAIMFavoritenPrintWordPressHotmailEmailRead It LaterShare

Tags: ,

Comments are closed.

Sponsor Ad

>