4-24-12-Panera (NASDAQ:PNRA) reported Q1 EPS of $1.40, vs. estimates of $1.34.Revenues in the quarter came in at $498.6 million, vs. estimates of $502.3 million.The company reported Q1 comp sales up 7.5%, vs. Raymond James estimate of up 6.1%.The company sees Q2 EPS of $1.40 – $1.43, vs. estimates of $1.40. The company sees comp sales up 4.5% – 5.5%.Panera boosted 2012 EPS forecast to $5.58-$5.63, saw $5.50-$5.55m in February, vs. estimates of $5.62; Panera sees annual comp. sales growth at high end of 4.5%-5.5% forecast.
