NEW YORK (AP) — NEW YORK (AP) — Shake Shack Inc. (SHAK) on Thursday reported third-quarter profit of $7.6 million.
The New York-based company said it had profit of 19 cents per share. Earnings, adjusted for non-recurring gains, were 17 cents per share.
The results surpassed Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The burger chain posted revenue of $276.2 million in the period, also surpassing Street forecasts. Twelve analysts surveyed by Zacks expected $276 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 SHAK at https://www.zacks.com/ap/SHAK