Shake Shack (SHAK) Surpasses Q2 Earnings and Revenue Estimates

Shake Shack (SHAK) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +18.92%. A quarter ago, it was expected that this burger chain would post earnings of $0.16 per share when it actually produced earnings of $0.14, delivering a surprise of -12.5%.Over the last four quarters, the compan ...