Shake Shack Announces Second Quarter 2018 Financial Results
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Cowen Remains Sidelined on Shake Shack (SHAK) Following 2Q
August 3, 2018 7:30 AM EDTCowen reiterated a Market Perform rating and $59.00 price target on Shake Shack (NYSE: SHAK) following the company's 2Q release. Shake Shack reported 2Q adjusted EPS of $0.29, ahead of $0.18 consensus. Management seemed encouraged by traction with digital and delivery, though the company remains mum on... More
Shake Shack (SHAK) Tops Q2 EPS by 11c, Revs Beat
August 2, 2018 4:06 PM EDTShake Shack (NYSE: SHAK) reported Q2 EPS of $0.29, $0.11 better than the analyst estimate of $0.18. Revenue for the quarter came in at $116.3 million versus the consensus estimate of $110.99 million.
GUIDANCE:
Shake Shack sees FY2018 revenue of $446-450 million, versus the consensus of... More
