We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Wall Street's Insights Into Key Metrics Ahead of J&J Snack Foods (JJSF) Q4 Earnings
Read MoreHide Full Article
Analysts on Wall Street project that J&J Snack Foods (JJSF - Free Report) will announce quarterly earnings of $1.69 per share in its forthcoming report, representing an increase of 61% year over year. Revenues are projected to reach $419.31 million, increasing 4.7% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some J&J Snack Foods metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Revenues- Total Food Service' stands at $262.65 million. The estimate indicates a change of +2.3% from the prior-year quarter.
Analysts predict that the 'Revenues- Total Frozen Beverages' will reach $104.15 million. The estimate suggests a change of +15.5% year over year.
It is projected by analysts that the 'Revenues- Total Retail Supermarket' will reach $53.71 million. The estimate indicates a year-over-year change of +0.4%.
Over the past month, shares of J&J Snack Foods have returned +5% versus the Zacks S&P 500 composite's +1.8% change. Currently, JJSF carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Wall Street's Insights Into Key Metrics Ahead of J&J Snack Foods (JJSF) Q4 Earnings
Analysts on Wall Street project that J&J Snack Foods (JJSF - Free Report) will announce quarterly earnings of $1.69 per share in its forthcoming report, representing an increase of 61% year over year. Revenues are projected to reach $419.31 million, increasing 4.7% from the same quarter last year.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
With that in mind, let's delve into the average projections of some J&J Snack Foods metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Revenues- Total Food Service' stands at $262.65 million. The estimate indicates a change of +2.3% from the prior-year quarter.
Analysts predict that the 'Revenues- Total Frozen Beverages' will reach $104.15 million. The estimate suggests a change of +15.5% year over year.
It is projected by analysts that the 'Revenues- Total Retail Supermarket' will reach $53.71 million. The estimate indicates a year-over-year change of +0.4%.
View all Key Company Metrics for J&J Snack Foods here>>>
Over the past month, shares of J&J Snack Foods have returned +5% versus the Zacks S&P 500 composite's +1.8% change. Currently, JJSF carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>