The exciting news about Shake Shack (NYSE: SHAK) will be shared on Wednesday 30th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
Financial analysts on Wall Street are predicting that the enterprise is about to reveal an estimated $0.20 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $316.13 million for this period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $1.25 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $0.74 over the course of the fiscal year.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $0.17. Moreover, the company achieved a remarkable total revenue of $276.21 million during that quarter.
SHAK will host a conference call with investment community on 30th October 2024 at 08:00 AM eastern time to discuss the financial results.
Shake Shack (SHAK) shares experienced a range of $112.14 to $115.28 on a day volume of 2.02 million shares. The stock closed Monday's regular trading session at $114.26, marking a 3.45 percent gain.
