J & J Snack Foods Reveals Advance In Q1 Earnings

(RTTNews) - J & J Snack Foods (JJSF) reported earnings for its first quarter that advanced from last year.

The company said its bottom line totaled $36.25 million, or $1.93 per share. This was up from $13.54 million, or $0.72 per share, in last year's first quarter.

Analysts had expected the company to earn $0.80 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 17.6% to $265.21 million. This was up from $225.57 million last year.

J & J Snack Foods earnings at a glance:

-Earnings (Q1): $36.25 Mln. vs. $13.54 Mln. last year. -Earnings Growth (Y-o-Y): 167.7% -EPS (Q1): $1.93 vs. $0.72 last year. -EPS Growth (Y-o-Y): 168.1% -Analysts Estimate: $0.80 -Revenue (Q1): $265.21 Mln vs. $225.57 Mln last year. -Revenue Change (Y-o-Y): 17.6%