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0 0.0015785319652723 0.00338256849701219 0.00266095388431621 0.00405908219641463 0.00958394407486761 0.00958394407486761 0.00958394407486761
Stock impact report

J&J Snack Foods (JJSF) Stock Trades Up, Here Is Why [Yahoo! Finance]

J & J Snack Foods Corp. (JJSF) 
Last j & j snack foods corp. earnings: 4/27 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: jsoftware.com
Company Research Source: Yahoo! Finance
reported fourth-quarter earnings that beat analyst expectations, even though sales declined. The company's adjusted earnings were $1.58 per share, easily surpassing the average analyst forecast of $1.24 per share. This positive result came despite a 4% year-over-year drop in net sales to $410.24 million. Reported net income also decreased to $11.38 million from $29.64 million in the same quarter the previous year. The stronger-than-expected profitability was driven by a gross margin of 31.7%, which was better than anticipated. Following the release, one analyst firm, Benchmark, kept its 'Buy' rating on the stock but lowered its price target to $130 from $150. Is now the time to buy J&J Snack Foods? Access our full analysis report here What Is The Market Telling Us J&J Snack Foods's shares are not very volatile and have only had 3 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be Show less Read more
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