Shake Shack Q4 Earnings Preview

On Thursday, Shake Shack SHAK will release its latest earnings report. Decipher the announcement with Benzinga's help.

Earnings and Revenue

Sell-side analysts expect Shake Shack's EPS to be near 6 cents per share on sales of $92.63 million.

In the same quarter last year, Shake Shack reported EPS of 9 cents per share on revenue of $73.27 million. Analysts estimate would represent a 33.33 percent decrease in the company's earnings. Revenue would be up 26.42 percent from the year-ago period.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.15 0.16 0.08 0.09
EPS Actual 0.17 0.2 0.1 0.09

 

Stock Performance

Over the last 52-week period, shares are up 5.7 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Sell rating with Shake Shack. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Shake Shack's Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://event.on24.com/wcc/r/1553644/51DC4225242759920B353EE3282012EB

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