J&J Snack Foods: Fiscal Q3 Earnings Snapshot

Associated Press Finance
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PENNSAUKEN, N.J. (AP) — PENNSAUKEN, N.J. (AP) — J&J Snack Foods Corp. (JJSF) on Monday reported fiscal third-quarter earnings of $35 million.

On a per-share basis, the Pennsauken, New Jersey-based company said it had net income of $1.81. Earnings, adjusted for one-time gains and costs, were $1.92 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.

The drink and snack maker posted revenue of $425.8 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $441.9 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JJSF at https://www.zacks.com/ap/JJSF

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