Shake Shack (NYSE:SHAK) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Shake Shack beat estimated earnings by 13.64%, reporting an EPS of $-0.19 versus an estimate of $-0.22.
Revenue was up $48.11 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 4.14% drop in the share price the next day.
Here's a look at Shake Shack's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.17 | -0.06 | -0.08 | -0.08 |
| EPS Actual | -0.11 | -0.05 | 0.05 | 0.04 |
| Revenue Estimate | 202.67M | 197.44M | 179.73M | 160.95M |
| Revenue Actual | 203.26M | 193.90M | 187.46M | 155.28M |
To track all earnings releases for Shake Shack visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
