PNRA
$214.10
Panera Bread A
($1.85)
(.86%)

Earnings History

Earnings
Revenue
Reaction
Drift
Q1 Above/FY In-line
FY 2012
2/7/2012
4:15:21 PM
$5.50 to $5.55
-7.2%
-5.4%
Guidance:
Consensus:
Panera Bread Sees First Quarter Above Estimates; 2012 In-line

Panera Bread Co. said it expects first quarter earnings of $1.33 to $1.35 per share and 2012 earnings of $5.50 to $5.55 per share. The current consensus earnings estimate is $1.28 per share for the quarter ending March 31, 2012 and $5.51 per share for the year ending December 31, 2012.
Raises Guidance In-line with Estimates
Q 06/2012
4/24/2012
4:00:48 PM
$1.40 to $1.43
$1.40
6.6%
5.1%
Guidance:
Consensus:
Panera Bread Raises Guidance to be In-line with Estimates

Panera Bread Co. said it expects second quarter earnings of $1.40 to $1.43 per share and now expects 2012 earnings of $5.58 to $5.63 per share. The company's previous guidance was earnings of $5.50 to $5.55 per share. The current consensus earnings estimate is $1.40 per share for the quarter ending June 30, 2012 and earnings of $5.59 per share for the year ending December 31, 2012.
FY EPS Above Estimates
FY 2012
7/24/2012
4:00:27 PM
$5.72 to $5.78
earnings of $5.68
8.1%
0.9%
Guidance:
Consensus:
Panera Bread Raises Earnings Guidance

Panera Bread Co. said it expects third quarter earnings of $1.16 to $1.18 per share and now expects 2012 earnings of $5.72 to $5.78 per share. The company's previous guidance was 2012 earnings of $5.58 to $5.63 per share. The current consensus earnings estimate is $1.19 per share for the quarter ending September 30, 2012 and earnings of $5.68 per share for the year ending December 31, 2012.
EPS Above Estimates
Q 12/2012
10/23/2012
4:05:30 PM
$1.72 to $1.74
$1.70
5.0%
-0.6%
Guidance:
Consensus:
Panera Guides Above Fourth Quarter Estimates

Panera Bread Co. said it now expects fourth quarter earnings of $1.72 to $1.74 per share. The company's previous guidance was for earnings of $1.66 to $1.70 per share and the current consensus earnings estimate is $1.70 per share for the quarter ending December 31, 2012.
In-line Guidance
Q 03/2013
2/5/2013
4:01:15 PM
$1.62 to $1.66
$1.62
0.8%
-4.2%
Guidance:
Consensus:
Panera Bread Guides In-line

Panera Bread Co. said it expects first quarter earnings of $1.62 to $1.66 per share. The current consensus earnings estimate is $1.62 per share for the quarter ending March 31, 2013.
Reaffirms Below Estimates
FY 2013
4/23/2013
4:00:34 PM
$6.89 to $7.01
earnings of $7.06
-1.9%
3.5%
Guidance:
Consensus:
Panera Bread Reaffirms Below Estimates

Panera Bread Co. said it expects second quarter earnings of $1.74 to $1.78 per share and continues to expect 2013 earnings of $6.89 to $7.01 per share. The current consensus earnings estimate is $1.76 per share for the quarter ending June 30, 2013 and earnings of $7.06 per share for the year ending December 31, 2013.
EPS Below Estimates
FY 2013
7/23/2013
4:01:18 PM
$6.75 to $6.85
earnings of $7.03
-6.8%
-3.1%
Guidance:
Consensus:
Panera Bread Lowers Guidance

Panera Bread Co. said it expects third quarter earnings of $1.32 to $1.36 per share and now expects 2013 earnings of $6.75 to $6.85 per share. The company's previous guidance was 2013 earnings of $6.89 to $7.01 per share. The current consensus earnings estimate is $1.45 per share for the quarter ending September 30, 2013 and earnings of $7.03 per share for the year ending December 31, 2013.
EPS Below Estimates
Q 12/2013
10/22/2013
4:05:19 PM
$1.91 to $1.97
$2.08
-5.7%
2.0%
Guidance:
Consensus:
Panera Bread Lowers Fourth Quarter Guidance

Panera Bread Co. said it expects fourth quarter earnings of $1.91 to $1.97 per share. The company's previous guidance was earnings of $2.05 to $2.11 per share and the current consensus earnings estimate is $2.08 per share for the quarter ending December 31, 2013.
EPS Below Estimates
FY 2014
2/18/2014
4:29:27 PM
$6.80 to $7.05
3.7%
6.1%
Guidance:
Consensus:
Panera Bread Guides Earnings Below Estimates

Panera Bread Co. said it expects first quarter earnings of $1.49 to $1.55 per share and 2014 earnings of $6.80 to $7.05 per share. The current consensus earnings estimate is $1.69 per share for the quarter ending March 31, 2014 and $7.29 per share for the year ending December 31, 2014.
Reaffirms
FY 2014
3/25/2014
4:00:39 PM
$6.80 to $7.05
$6.94
-8.5%
-3.8%
Guidance:
Consensus:
Panera Bread Reaffirms

Panera Bread Co. said it continues to expect first quarter earnings of $1.49 to $1.55 per share and 2014 earnings of $6.80 to $7.05 per share. The current consensus earnings estimate is $1.52 per share for the quarter ending March 31, 2014 and $6.94 per share for the year ending December 31, 2014.
Narows Guidance
FY 2014
4/29/2014
4:48:38 PM
$6.80 to $7.00
$6.93
-6.3%
1.7%
Guidance:
Consensus:
Panera Bread Narrows Guidance and Sees Second Quarter Below Estimates

Panera Bread Co. said it expects second quarter earnings of $1.70 to $1.76 per share and 2014 earnings of $6.80 to $7.00 per share. The company's previous guidance was 2014 earnings of $6.80 to $7.05 per share. The current consensus earnings estimate is $1.86 per share for the quarter ending June 30, 2014 and $6.93 per share for the year ending December 31, 2014.
EPS Below Estimates
FY 2014
7/29/2014
4:07:49 PM
$6.65 to $6.80
$6.87
3.5%
-0.6%
Guidance:
Consensus:
Panera Bread Lowers Guidance

Panera Bread Co. said it expects third quarter earnings of $1.40 to $1.46 per share and now expects 2014 earnings of $6.65 to $6.80 per share. The company's previous guidance was 2014 earnings of $6.80 to $7.00 per share. The current consensus earnings estimate is $1.54 per share for the quarter ending September 30, 2014 and $6.87 per share for the year ending December 31, 2014.
EPS Below Estimates
Q 12/2014
10/28/2014
4:28:54 PM
$1.77 to $1.87
$1.92
-3.3%
2.3%
Guidance:
Consensus:
Panera Bread Guides Below Fourth Quarter Estimates

Panera Bread Co. said it expects fourth quarter earnings of $1.77 to $1.87 per share. The current consensus earnings estimate is $1.92 per share for the quarter ending December 31, 2014.
In-line Guidance
FY 2015
2/11/2015
5:29:19 PM
$6.14 to $6.64
-10.9%
-2.5%
Guidance:
Consensus:
Panera Bread Guides In-line

Panera Bread Co. said it expects 2015 earnings of $6.14 to $6.64 per share. The current consensus earnings estimate is $6.61 per share for the year ending December 31, 2015.
Reaffirms
FY 2015
4/28/2015
4:18:33 PM
$6.14 to $6.64
$6.26
-0.6%
0.4%
Guidance:
Consensus:
Panera Bread Reaffirms

Panera Bread Co. said it continues to expect 2015 earnings of $6.14 to $6.64 per share. The current consensus earnings estimate is $6.26 per share for the year ending December 31, 2015.
Reaffirms
FY 2015
7/28/2015
4:59:02 PM
$6.04 to $6.53
$6.22
8.2%
1.8%
Guidance:
Consensus:
Panera Bread Reaffirms

Panera Bread Co. said it continues to expect 2015 earnings of $6.14 to $6.64 per share. The current consensus earnings estimate is $6.22 per share for the year ending December 31, 2015.
EPS Below Estimates
FY 2016
2/9/2016
4:25:42 PM
$6.33 to $6.52
4.9%
11.1%
Guidance:
Consensus:
Panera Guides Below Fiscal Year Estimates

Panera Bread Co. said it expects 2016 earnings of $6.33 to $6.52 per share. The current consensus earnings estimate is $6.53 per share for the year ending December 31, 2016.
Raises Guidance In-line with Estimates
FY 2016
4/26/2016
4:01:32 PM
$6.50 to $6.70
$6.56
0.4%
-1.0%
Guidance:
Consensus:
Panera Bread Raises Guidance to be In-line with Estimates

Panera Bread Co. said it expects 2016 earnings of $6.50 to $6.70 per share. The company's previous guidance was earnings of $6.33 to $6.52 per share and the current consensus earnings estimate is $6.56 per share for the year ending December 31, 2016.
Narrows Guidance
FY 2016
7/26/2016
4:04:59 PM
$6.60 to $6.70
$6.69
3.3%
-0.8%
Guidance:
Consensus:
Panera Bread Narrows Guidance

Panera Bread Co. said it now expects 2016 earnings of $6.60 to $6.70 per share. The company's previous guidance was earnings of $6.50 to $6.70 per share and the current consensus earnings estimate is $6.69 per share for the year ending December 31, 2016.
Raises Guidance
FY 2016
10/25/2016
4:04:43 PM
$6.67 to $6.72
$6.68
-1.8%
-5.5%
Guidance:
Consensus:
Panera Raises Guidance, but Remains In-line with Estimates

Panera Bread Co. said it expects 2016 earnings of $6.67 to $6.72 per share. The company's previous guidance was earnings of $6.60 to $6.70 per share and the current consensus earnings estimate is $6.68 per share for the year ending December 31, 2016.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
2/7/2012
4:15:21 PM
Dec '11
Q4 '11
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.42
$495.77 Mil
$1.43
$1.42
$499.05 Mil
-0.7%
-0.7%
14.2%
15.8%
-2.4%
-5.4%
4/24/2012
4:00:48 PM
Mar '12
Q1 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$1.40
$498.58 Mil
$1.36
$1.35
$500.43 Mil
2.9%
-0.4%
25.7%
18.1%
3.0%
5.1%
7/24/2012
4:00:27 PM
Jun '12
Q2 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$1.50
$530.59 Mil
$1.38
$1.39
$518.34 Mil
8.7%
2.4%
23.6%
17.6%
7.7%
0.9%
10/23/2012
4:05:30 PM
Sep '12
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.24
$529.34 Mil
$1.24
$1.19
$522.17 Mil
-
1.4%
26.6%
16.8%
5.8%
-0.6%
2/5/2013
4:01:15 PM
Dec '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$1.75
$571.55 Mil
$1.78
$1.74
$574.09 Mil
-1.7%
-0.4%
23.8%
15.3%
2.9%
-4.2%
4/23/2013
4:00:34 PM
Mar '13
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$1.59
$561.78 Mil
$1.67
$1.65
$565.91 Mil
-4.8%
-0.7%
13.3%
12.7%
-5.2%
3.5%
7/23/2013
4:01:18 PM
Jun '13
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$1.74
$589.01 Mil
$1.80
$1.76
$596.01 Mil
-3.3%
-1.2%
15.6%
11.0%
-5.2%
-3.1%
10/22/2013
4:05:19 PM
Sep '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$1.35
$572.48 Mil
$1.35
$1.35
$585.46 Mil
-
-2.2%
6.7%
8.2%
-5.4%
2.0%
2/18/2014
4:29:27 PM
Dec '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$1.83
$661.73 Mil
$1.96
$1.95
$662.07 Mil
-6.6%
-0.1%
-1.9%
15.8%
-0.2%
6.1%
4/29/2014
4:48:38 PM
Mar '14
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.55
$605.34 Mil
$1.52
$1.52
$598.55 Mil
2.0%
1.1%
-9.1%
7.8%
-5.7%
1.7%
7/29/2014
4:07:49 PM
Jun '14
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.74
$631.06 Mil
$1.76
$1.75
-
-1.1%
-
-7.9%
7.1%
1.5%
-0.6%
10/28/2014
4:28:54 PM
Sep '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$1.38
$619.89 Mil
$1.44
$1.42
$620.39 Mil
-4.2%
-0.1%
-4.9%
8.3%
-5.5%
2.3%
2/11/2015
5:29:19 PM
Dec '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$1.87
$672.50 Mil
$1.83
$1.82
$675.83 Mil
2.2%
-0.5%
-1.6%
1.6%
-7.6%
-2.5%
4/28/2015
4:18:33 PM
Mar '15
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$1.41
$648.50 Mil
$1.48
$1.44
$658.55 Mil
-4.7%
-1.5%
-11.7%
7.1%
-2.1%
0.4%
7/28/2015
4:59:02 PM
Jun '15
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$1.61
$676.66 Mil
$1.65
$1.63
$679.43 Mil
-2.4%
-0.4%
-9.9%
7.2%
6.4%
1.8%
10/27/2015
5:10:40 PM
Sep '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.32
$664.65 Mil
$1.31
$1.31
$667.65 Mil
0.8%
-0.4%
-8.9%
7.2%
-1.6%
-3.3%
2/9/2016
4:25:42 PM
Dec '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$1.88
$691.77 Mil
$1.79
$1.78
$695.43 Mil
5.0%
-0.5%
-6.6%
2.9%
0.9%
11.1%
4/26/2016
4:01:32 PM
Mar '16
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.56
$685.15 Mil
$1.50
$1.50
$673.90 Mil
4.0%
1.7%
1.1%
5.7%
1.8%
-1.0%
7/26/2016
4:04:59 PM
Jun '16
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.78
$698.90 Mil
$1.76
$1.75
$695.29 Mil
1.1%
0.5%
-0.6%
3.3%
4.4%
-0.8%
10/25/2016
4:04:43 PM
Sep '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$1.37
$684.21 Mil
$1.37
$1.34
$682.82 Mil
-
0.2%
-5.3%
2.9%
4.8%
-5.5%
EPS
Rev
-
-
-
$2.00
$727.53 Mil
-
-
6.4%
5.2%
EPS
Rev
-
-
-
$1.68
$714.88 Mil
-
-
7.7%
4.3%
2/10/2011
$99.71
$3.62
$1.54 Bil
-
-
-
2/7/2012
$160.02
$4.65
$1.82 Bil
28.5%
18.1%
60.5%
2/5/2013
$162.97
$5.89
$2.13 Bil
26.7%
16.9%
1.8%
2/18/2014
$173.18
$6.68
$2.39 Bil
13.4%
12.0%
6.3%
2/11/2015
$176.48
$6.53
$2.53 Bil
-2.2%
6.0%
1.9%
2/9/2016
$184.72
$6.21
$2.68 Bil
-4.9%
6.0%
4.7%
2/9/2017
$214.10
$6.70
$2.80 Bil
7.9%
4.4%
15.9%
2/9/2018
$220.94
$7.64
$3.01 Bil
14.0%
7.5%
3.2%
2/9/2019
-
$9.20
-
20.4%
-
-

Price Projection

Current Value
$183
-14%
Projected Price
$221
3%