Shake Shack Q3 Adj EPS $0.17 Beats $0.10 Estimate, Sales $276.21M Beat $275.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Shake Shack reported Q3 adjusted earnings of $0.17 per share, beating the analyst consensus estimate of $0.10 by 70%. This is a 383.33% increase over losses from the same period last year. The company also reported quarterly sales of $276.21 million, beating the analyst consensus estimate of $275.67 million by 0.19%. This is a 21.24% increase over sales from the same period last year.
November 02, 2023 | 11:02 am
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Shake Shack's Q3 earnings and sales exceeded estimates, indicating a strong financial performance.
Shake Shack's Q3 earnings and sales exceeded analyst estimates, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100