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SHAK — Shake Shack News Story

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Shake Shack Inc reports results for the quarter ended June 30 - Earnings Summary

Shake Shack Inc SHAK.N reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 27 cents.  The mean expectation of twenty three analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 31 cents to 49 cents per share.

Revenue rose 12.6% to $356.47 million from a year ago; analysts expected $354.13 million.

Shake Shack Inc's reported EPS for the quarter was 41 cents​.

The company reported quarterly net income of $17.15 million.

Shake Shack Inc shares had risen by 0.2% this quarter and gained 8.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 8.8% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 12 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is also "buy"

Wall Street's median 12-month price target for Shake Shack Inc is $139.50, about 1% below its last closing price of $140.91

This summary was machine generated from LSEG data July 31 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.380.44Beat
Mar. 31 20250.160.14Missed
Dec. 31 20240.250.26Beat
Sep. 30 20240.200.25Beat

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