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Shake Shack Q3 earnings beat expectations, but revenue misses

Associated Press +4 · ·by G4L

SHAK
SHAK Shake Shack Inc
$71.89 +2.96%
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  1. 1Shake Shack Inc. adjusted earnings per share for the third quarter was 40 cents, adjusting for one-time costs.
  2. 2Shake Shack Inc. third-quarter earnings per share of 39 cents exceeded the analyst estimate of 33 cents.
  3. 3Shake Shack Inc. revenue of 423.3 million dollars for the period fell short of the 425.6 million dollar estimate.

So what's the key point?

Shake Shack's third-quarter earnings reached 39 cents, which was higher than what experts expected. However, revenue was lower than expected, resulting in mixed results.

Source Associated Press +4 · View original ↗

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