Investing.com - Shake Shack Inc (NYSE:SHAK) reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Shake Shack Inc announced earnings per share of $-0.06 on revenue of $227.8M. Analysts polled by Investing.com anticipated EPS of $-0.06 on revenue of $225.35M.
Shake Shack Inc shares are down 39.61% from the beginning of the year and are trading at $50.50 , down-from-52-week-high.
Shake Shack Inc shares gained 2.62% in pre-market trade the report.
Shake Shack Inc follows other major Consumer Discretionary sector earnings this month
Shake Shack Inc's report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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