
Fast-food chain Shake Shack (NYSE: SHAK) will be reporting results tomorrow before market open. Hereโs what you need to know.
Shake Shack met analystsโ revenue expectations last quarter, reporting revenues of $316.5 million, up 16.4% year on year. It was a satisfactory quarter for the company, with a decent beat of analystsโ EBITDA estimates.
Is Shake Shack a buy or sell going into earnings? Read our full analysis here, itโs free.
This quarter, analysts are expecting Shake Shackโs revenue to grow 14.5% year on year to $316.1 million, slowing from the 21.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.19 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Shake Shack has missed Wall Streetโs revenue estimates three times over the last two years.
Looking at Shake Shackโs peers in the restaurants segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Domino's delivered year-on-year revenue growth of 5.1%, missing analystsโ expectations by 1.6%, and Texas Roadhouse reported revenues up 13.5%, in line with consensus estimates. Domino's traded up 4% following the results while Texas Roadhouse was also up 3.6%.
Read our full analysis of Dominoโs results here and Texas Roadhouseโs results here.
There has been positive sentiment among investors in the restaurants segment, with share prices up 5.5% on average over the last month. Shake Shack is up 10.8% during the same time and is heading into earnings with an average analyst price target of $115.95 (compared to the current share price of $114.39).
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