Jack in the Box Inc reports results for the quarter ended in December - Earnings Summary

Jack In The Box

23/02/2024 03:01

* Jack in the Box Inc  JACK.OQ  reported quarterly adjusted
earnings of $1.95​​ per share for the quarter ended in December,
lower than the same quarter last year, when the company reported
EPS of $2.01.  The mean expectation of twenty one analysts for
the quarter was for earnings of $1.96 per share. Wall Street
expected results to range from $1.77  to $2.19 per share.
    * Revenue fell 7.5% to $487.50 million from a year ago;
analysts
expected $481.57 million. 
    * Jack in the Box Inc's reported EPS for the quarter was
$1.93​.
    * The company reported quarterly net income of $38.68
million.
    * Jack in the Box Inc shares had fallen by 9.4% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, eight analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 14
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is also "buy"

Wall Street's median 12-month price target for Jack in the Box
Inc is $81.00 
This summary was machine generated from LSEG data February 23 at
03:00 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.96           1.95           Missed
 Sep. 30 2023      1.15           1.09           Missed
 Jun. 30 2023      1.34           1.45           Beat
 Mar. 31 2023      1.22           1.47           Beat