Earnings Outlook For Shake Shack
Portfolio Pulse from Benzinga Insights
Shake Shack (NYSE:SHAK) is set to release its latest quarterly earnings report on November 2, 2023. Analysts estimate an earnings per share (EPS) of $0.10. The company's past performance shows it beat EPS estimates last quarter, leading to a 5.68% increase in share price. Shares of Shake Shack were trading at $56.04 as of October 31, with a 52-week increase of 17.88%.
November 01, 2023 | 4:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Shake Shack is expected to report an EPS of $0.10 in its upcoming earnings. Its previous EPS beat led to a 5.68% increase in share price. The stock has seen a 17.88% increase over the last 52 weeks.
Shake Shack's upcoming earnings report is highly relevant as it directly impacts the company's stock price. Given the company's history of beating EPS estimates and the subsequent positive impact on the stock price, it is likely that a similar trend may be observed this quarter. The stock's positive performance over the past year also indicates a generally positive sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100