Potbelly (PBPB) to Release Quarterly Earnings on Thursday

Potbelly (NASDAQ:PBPB) is expected to be posting its quarterly earnings results after the market closes on Thursday, March 6th. Analysts expect Potbelly to post earnings of $0.04 per share and revenue of $116.37 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Potbelly Trading Up 1.7 %

Shares of PBPB opened at $12.27 on Thursday. The firm’s fifty day moving average is $11.10 and its two-hundred day moving average is $9.49. The stock has a market cap of $367.33 million, a PE ratio of 9.82 and a beta of 1.34. The company has a quick ratio of 0.43, a current ratio of 0.49 and a debt-to-equity ratio of 0.06. Potbelly has a 52-week low of $6.28 and a 52-week high of $14.36.

Insider Buying and Selling

In related news, major shareholder David Nierenberg bought 7,600 shares of the stock in a transaction dated Tuesday, January 7th. The shares were acquired at an average cost of $9.23 per share, for a total transaction of $70,148.00. Following the acquisition, the insider now directly owns 101,998 shares in the company, valued at approximately $941,441.54. This trade represents a 8.05 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 9.10% of the stock is currently owned by company insiders.

About Potbelly

Potbelly Corporation, through its subsidiaries, owns, operates, and franchises Potbelly sandwich shops in the United States. The company was formerly known as Potbelly Sandwich Works, Inc and changed its name to Potbelly Corporation in 2002. Potbelly Corporation was founded in 1977 and is headquartered in Chicago, Illinois.