Shake Shack, Inc. (NYSE:SHAK) Yearly Sales Target At $65.87


The EPS projection of Shake Shack, Inc. (NYSE:SHAK) for quarter ended 2016-09-30 is $0.14. A week before, the EPS forecast was $0.14 against target of $0.14, a month earlier. This estimate stood at $0.14 60 days earlier versus forecast of $0.14 90 days earlier, confirming a deviation of 0%.

Shake Shack, Inc. (NYSE:SHAK) reported that 18 days ago, the positive EPS revisions were 2 and negative revisions at 0.

In last week, the per-share earnings was lowered 0 times and 0 times positively. In last 120, 60, 30 and 90 days the positive revisions were 3, 5, 0 and 5, respectively.

The downgrade of EPS estimates for Shake Shack, Inc. (NYSE:SHAK) in the preceding 120, 60, 30 and 90 days were 0, 1, 0 and 1, in that order.

Earnings Surprises

As per the latest update, for the quarter closed 1, the EPS estimate of Shake Shack, Inc. (NYSE:SHAK) was $0.14. This projection was computed after accounting 6 calls. As reported on 2016-05-12 the EPS was $0.08. The change was $0.02, demonstrating a percentage deviation of 33.33%. The projections confirmed a standard deviation of 0.01.

Quarterly Sales Estimates

For the fiscal 2016, the yearly sales target for Shake Shack, Inc. (NYSE:SHAK) stands at $65.87 and the median estimate at $66.241. Almost 4 analysts announced their estimates.

The highest estimate is $67.1 while the lowest target is $63.9 showing standard deviation of 1.379%.

As many as 4 analysts released sales estimates reised in upside while 4 reduced sales estimates, demonstrating a deviation of 0%.

In last month, 4 revised sales number projection on upside while 4 lowered the sales target, demonstrating a deviation of 0%.

A quarter ago, 4 hiked sales estimations and 4 reduced sales forecast. Shake Shack, Inc. (NYSE:SHAK) stated that the change in forecast was 3.066%.

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