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%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

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.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 12. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Sounds like a hipster nightclub.

What about Steak and Shake?

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

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...
Bron: MarketWatch - 🏆 3. / 97 Lees verder »

'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
Bron: trtworld - 🏆 101. / 63 Lees verder »