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Panera Bread 3Q Earnings Beat Estimates

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  • Description

    FBN’s Sandra Smith breaks down Panera Bread’s third-quarter earnings results.

  • Duration 0:55
  • Date

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I'm Dennis Smith with your Fox Business -- it was a tough day on Wall Street after round of weak quarterly reports weighed heavily on the market that the closing bell the Dow finished 243.

Points lower.

Shares of buffalo wild -- wings are charging lower following disappointing third quarter results as higher costs for chicken plagued its profitability I -- Moving for the company also lowered its annual earnings guidance Q 15%.

That's down from -- already lowered guidance of -- -- 20%.

On the flip side better than expected third quarter results has shares of Panera Bread climbing in after hours trading.

Earnings for the company topping estimates by a nickel at a buck 24 -- -- revenue also coming in better than expected at 529.

Point three million dollars.

Panera also raising its fourth quarter earnings outlook and that is the latest from the Fox Business -- giving you the power to prosper.

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