Panera Bread Co. Q1 Earnings Rise 9%

(RTTNews) - Panera Bread Co. (PNRA) released a profit for its first quarter that rose from last year.

The company said its bottom line climbed to $41.33 million, or $1.83 per share. This was higher than $37.83 million, or $1.56 per share, in last year's first quarter.

Analysts had expected the company to earn $1.83 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.2% to $727.63 million. This was up from $685.15 million last year.

Panera Bread Co. earnings at a glance:

-Earnings (Q1): $41.33 Mln. vs. $37.83 Mln. last year. -Earnings Growth (Y-o-Y): 9.3% -EPS (Q1): $1.83 vs. $1.56 last year. -EPS Growth (Y-o-Y): 17.3% -Analysts Estimate: $1.83 -Revenue (Q1): $727.63 Mln vs. $685.15 Mln last year. -Revenue Change (Y-o-Y): 6.2%