CORRECTED - Papa John's posts higher profit, backs 2008 profit view

(Corrects second paragraph to show results were from the second quarter)

SAN FRANCISCO Aug 5 (Reuters) - Pizza delivery company Papa John's International Inc (PZZA.O) on Tuesday posted a rise in quarterly earnings that matched analysts' estimates and backed its full-year profit forecast.

Net income at the Louisville, Kentucky-based pizza chain was $7.6 million, or 27 cents per share in the second quarter, compared with its year-earlier net income of $7.0 million, or 23 cents per share.

Excluding the impact of the company's franchisee-owned cheese purchasing company, BIBP Commodities Inc, Papa John's earned 41 cents per share to match analysts' consensus estimate, according to Reuters Estimates.

Papa John's also stood by its previously issued 2008 forecast that called for a profit of $1.68 to $1.76 per diluted share, excluding the impact of BIBP. (Reporting by Lisa Baertlein, editing by Leslie Gevirtz and Carol Bishopric)