J&J Snack Foods Q3 Adj EPS $1.92 Beats $1.51 Estimate, Sales $425.77M Miss $441.86M Estimate
Portfolio Pulse from bharat@benzinga.com
J&J Snack Foods (NASDAQ:JJSF) reported Q3 earnings of $1.92 per share, beating the analyst consensus estimate of $1.51 by 27.15%. This is a 106.45% increase from the same period last year. However, the company's quarterly sales of $425.77 million missed the analyst consensus estimate of $441.86 million by 3.64%, though it's an 11.98% increase from last year.
July 31, 2023 | 8:47 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
J&J Snack Foods reported better than expected Q3 earnings but missed on sales estimates.
The company's earnings beat could potentially drive the stock price up, but the missed sales estimate could counteract this effect, leading to a neutral short term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100