J&J Snack Foods Q3 2024 Adj. EPS $1.98 Misses $1.99 Estimate, Sales $439.957M Miss $444.047M Estimate
Portfolio Pulse from Benzinga Newsdesk
J&J Snack Foods (NASDAQ:JJSF) reported Q3 2024 earnings per share of $1.98, missing the analyst estimate of $1.99 by 0.5%. The company also reported sales of $439.957 million, missing the estimate of $444.047 million by 0.92%. Despite the misses, sales increased by 3.33% compared to the same period last year.
August 05, 2024 | 8:17 pm
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J&J Snack Foods reported Q3 2024 earnings per share of $1.98, missing the analyst estimate of $1.99 by 0.5%. Sales were $439.957 million, missing the estimate of $444.047 million by 0.92%. Despite the misses, sales increased by 3.33% compared to the same period last year.
The slight miss in both EPS and sales estimates is likely to have a negative short-term impact on JJSF's stock price. However, the year-over-year sales increase may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100