Papa John's International (PZZA) Q3 2026 earnings — TrendMatrix coverage

Adjusted EPS

$0.16

Estimate

$0.15

Surprise

+5.8%

Revenue (period 2026-09-27)

$454.8M

Score today

4.3/10

Revenue source: xbrl.

Papa John's International (PZZA) beat the $0.15 estimate with adjusted EPS of $0.16 — a clear 5.8% upside surprise.

• Papa John's Warns Cash-Strapped Consumers Are Ordering Less Pizza — benzinga, 2026-11-05
• Papa John's International Q3 2026 Earnings Call Transcript — benzinga, 2026-11-05
• Papa John's International, Inc. Reports Third Quarter 2026 Financial Results — fiscal.ai, 2026-11-05

TrendMatrix currently rates PZZA Sell at 4.3/10; no pre/post engine snapshot brackets this report.

3 of the last 4 quarters beat the estimate; this quarter's +5.8% surprise compares with a -0.4% four-quarter average.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$19.57

Price target

$24.36

Stop

$18.20

Upside to target

+24.5%

Reward-to-risk

2.6:1

Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.

Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.

Industry

Restaurants

Market cap

$654.8M

P/E (fwd)

15.4

P/E (ttm)

26.2

52-week range

$17.70–$48.83

Off 52-week high

59.9%

RSI (14)

55

Volume vs avg

0.36×

Score today

4.3/10