MT. LAUREL, N.J. (AP) — MT. LAUREL, N.J. (AP) — J&J Snack Foods Corp. (JJSF) on Monday reported fiscal third-quarter earnings of $36.3 million.
On a per-share basis, the Mt. Laurel, New Jersey-based company said it had profit of $1.87. Earnings, adjusted for one-time gains and costs, were $1.98 per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.01 per share.
The drink and snack maker posted revenue of $440 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $441.7 million.
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