Panera Bread Shares Rise After Earnings Top Street View

By Markets MarketWatch Pulse

Panera Bread Co. shares rose in the extended session Tuesday after the restaurant-bakery chain topped Wall Street earnings estimates for the quarter. Panera shares rose 3.7% to $191.50. The company reported adjusted fourth-quarter earnings of $1.88 a share on revenue of $691.8 million. Analysts surveyed by FactSet had forecast earnings of $1.78 a share on revenue of $695.7 million.

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