News Formal

Shake Shack stock soars after reporting earnings beat, raising revenue forecast

  • 📰 CNBC
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Shares of Shake Shack rose nearly 3% in extended trading on Monday, after the company reported second-quarter earnings that topped Wall Street's expectations and raised its revenue forecast for the year

Shake Shack's fiscal second-quarter earnings beats what analysts were expecting.

The stock, which has gained more than 60% so far this year, surged as much as 6% after the bell before backing off its highs. Recently, shares were up nearly 3%. The company has a market value of $2.7 billion. Excluding items, Shake Shack earned 27 cents a share, topping the 23 cents a share expected by analysts surveyed by Refinitiv.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Sounds like a hipster nightclub.

What about Steak and Shake?

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

KLA Corp. stock slips after earnings beat amid tech selloffKLA Corp. shares slipped in the extended session Monday after the semiconductor-equipment maker topped Wall Street earnings estimates for the quarter amid a...
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

'Hobbs & Shaw' lead current Box Office earnings with $60MThe big-budget 'Fast & Furious' spinoff, starring Dwayne Johnson and Jason Statham, is expected to be an even bigger draw overseas
Herkunft: trtworld - 🏆 101. / 63 Weiterlesen »