J & J Snack Foods Corp. ($JJSF) 4Q20 Earnings Sneak Peek

78

J & J Snack Foods Corp. (NASDAQ:JJSF) manufacturer of nutritional snack foods and beverages, is reporting fourth quarter earnings results on Thursday 5th November 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.05 per share.

For the full year, analysts predict revenues of $ 997.70 million, while looking forward to income of $ 0.98 per share.

Previous Quarter Performance

J & J Snack Foods Corp. recorded loss for the third quarter of $ 0.40 per share, from the revenue of $ 214.56 million. Wall street analysts are predicting, JJSF to report 3Q20 loss of $ 0.11 per share from revenue of $ 184.00 million. The bottom line results missed street analysts by $ 0.29 or 263.64 percent, at the same time, top line results outshined analysts by $ 30.56 million or 16.61 percent.

Stock Performance

Shares of J & J Snack Foods Corp. traded low $ -1.43 or -1.00 percent on Wednesday, reaching $ 141.54 with volume of 72.20 thousand shares. J & J Snack Foods Corp. has traded high as $ 144.04 and has cracked $ 140.89 on the downward trend

The closing price of $ 141.54, representing a 35.30 % increase from the 52 week low of $ 105.67 and a 25.35 % decrease over the 52 week high of $ 191.52.

The company has a market capital of $ 2.67 billion and is part of the Consumer Defensive sector and Packaged Foods industry.

J & J Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages in the United States, Mexico, and Canada. It operates in three segments: Food Service, Retail Supermarkets, and Frozen Beverages.