J and J Snack Foods Earnings: Analysts Predict Revenue Drop
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Domenica
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J and J Snack Foods is set to report earnings this Monday, with analysts predicting a four percent drop in revenue and adjusted earnings of $1.24 per share. Despite missing revenue forecasts four times in the last two years, analysts have largely maintained their predictions. The companys competitors have seen mixed results, with SunOptas stock price falling despite a sixteen percent revenue increase and Hersheys shares dipping after a six percent revenue boost. The broader economic landscape for 2025 is uncertain, with share prices in the shelf-stable food sector declining by nearly four percent on average over the last month. J and J Snack Foods has also seen an eight percent drop, heading into earnings with an average analyst price target of $125 compared to its current share price of $86.55.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
