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0 0.00227848101265831 0.00506329113924058 -0.00253164556962029 -0.0111392405063291 -0.0126582278481013 -0.00379746835443034 0
Stock impact report

Shake Shack shares volatile as earnings beat Street, outlook doesn't [MarketWatch]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: MarketWatch
Shake Shack shares volatile as earnings beat Street, outlook doesn't Shake Shack Inc. SHAK, +3.96% shares were volatile in the extended session Thursday after the fast-food chain topped Wall Street estimates on earnings but offered a weak-than-expected outlook. Shake Shack shares, which had risen by as much as 5%, traded between gains and losses and were last up 2.4% after hours. The company reported a fourth-quarter loss of $14.4 million, or 55 cents a share, compared with net income of $3.9 million, or 15 cents a share, in the year-ago period. Adjusted earnings, excluding charges from the U.S. tax overhaul, were 10 cents a share. Revenue rose to $96.1 million from $73.3 million in the year-ago period. Analysts surveyed by FactSet had estimated 6 cents a share on revenue of $92.8 million. For the year, Shake Shack sees revenue of $444 million to $448 million. Analysts expect revenue of $459 million. Show less Read more
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