J&J Snack Foods (JJSF) Reports Q3 Earnings: What Key Metrics Have to Say
J&J Snack Foods (JJSF) reported $425.77 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 12%. EPS of $1.92 for the same period compares to $0.93 a year ago.
The reported revenue represents a surprise of -3.64% over the Zacks Consensus Estimate of $441.86 million. With the consensus EPS estimate being $1.51, the EPS surprise was +27.15%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how J&J Snack Foods performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Total Food Service: $254.98 million versus the two-analyst average estimate of $279.01 million. The reported number represents a year-over-year change of +11.9%.
Revenues- Total Frozen Beverages: $109.64 million versus the two-analyst average estimate of $100.19 million. The reported number represents a year-over-year change of +20%.
Revenues- Total Retail Supermarket: $61.15 million compared to the $60.53 million average estimate based on two analysts. The reported number represents a change of +0.2% year over year.
View all Key Company Metrics for J&J Snack Foods here>>>
Shares of J&J Snack Foods have returned -0.2% over the past month versus the Zacks S&P 500 composite's +4.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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J & J Snack Foods Corp. (JJSF) : Free Stock Analysis Report
