Q3 Earnings Preview For Shake Shack

On Monday, November 4, Shake Shack SHAK will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

Wall Street expects EPS of 20 cents and sales around $157.66 million.

In the same quarter last year, Shake Shack announced EPS of 21 cents on revenue of $119.65 million. The analyst consensus estimate would represent a 4.76% decline in the company's EPS figure. Revenue would be up 31.77% on a year-over-year basis. Shake Shack's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the last 52-week period, shares are up 55.57%. Given that these returns are generally positive, long-term shareholders can be content going into this earnings release.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The popular rating by analysts on Shake Shack stock is a Sell. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Shake Shack is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here.

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