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Papa John’s Stock Price Fell Due to Weak 1Q18 Earnings

Papa John’s Stock Price Fell Due to Weak 1Q18 Earnings

Papa John’s (PZZA) posted its 1Q18 earnings after the market closed on May 8. The company posted an adjusted EPS (earnings per share) of $0.50 on revenues of $427.4 million. Papa John’s revenue declined 4.9% YoY (year-over-year), while its adjusted EPS fell 35.1%.