Panera Bread (PNRA) shares declined in late trading after the restaurant chain provided a fiscal Q2 EPS forecast below Wall Street consensus.

The St. Louis, Missouri-based company projects EPS to be in the range of $1.70 to $1.76 in the current quarter. The average estimate of 24 analysts was for EPS of $1.86, according Capital IQ data. The company also narrowed its full-year EPS target to $6.80 to $7.00. Analysts are looking for $6.93. Panera said it continues to expect full-year operating margin to be down 75 to 125 basis points when compared to fiscal 2013.

The company reported better-than-expected EPS and revenue for fiscal Q1 ended April 1. Net income dropped to $42.4 million, or $1.55 per diluted share, from $48.1 million, or $1.64 per diluted share, a year earlier. Q1 revenue increased 8% to $605 million.

Power Integrations (POPWI) is tumbling lower in late trading after the company reported that financial results for Q1 fell short of analysts’ expectations, and provided revenue guidance for Q2 below Street forecasts.

Shares are down 12.7% at $51, with a 52-week range of $38.05 – $68.87.

The company, which designs, develops and manufactures high-voltage, analog and mixed-signal integrated-circuit products and high-voltage silicon diodes, reported Q1 GAAP net income of $0.40 per diluted share, compared with $0.37 per diluted share in the same quarter in 2013. Non-GAAP earnings was $0.56 per share, compared with $0.47 per share in the prior-year period. The Capital IQ analyst estimate is for $0.61 EPS.

Revenue was $83.1 million, up 8% from $77.04 million in the same quarter last year. Analysts were expecting revenue of $89.56 million.

The company expects Q2 revenue of $86 million – $92 million. The Street view is for $95.7 million.