Benzinga | Jul 27, 2020 04:11PM EDT

J&J Snack Foods: Q3 Earnings Insights

Shares of J&J Snack Foods (NASDAQ:JJSF) were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share fell 124.54% over the past year to ($0.40), which missed the estimate of ($0.12).

Revenue of $214,563,000 declined by 34.32% year over year, which beat the estimate of $184,000,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

J&J Snack Foods hasn't issued any revenue guidance for the time being.

Recent Stock Performance

Company's 52-week high was at $196.84

52-week low: $105.67

Price action over last quarter: Up 2.52%

Company Overview

J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.