Shake Shack's Q2 Earnings Outlook

Shake Shack SHAK releases its next round of earnings Thursday. Here's Benzinga's essential guide to Shake Shack's Q2 earnings report.

Earnings and Revenue

Sell-side analysts expect Shake Shack's EPS to be near 18 cents on sales of $110.99 million.

In the same quarter last year, Shake Shack reported earnings per share of 20 cents on revenue of $91.31 million. The Wall Street consensus estimate for earnings would represent a 10 percent decrease for the company. Sales would be up 21.54 percent from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

For a full 12 months, the return has risen by 88.46 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Shake Shack stock is a Sell. The strength of this rating has dwindled over the past 90 days.