Jack in the Box Inc reports results for the quarter ended September 30 - Earnings Summary

Jack In The Box

20/11/2024 22:01

* Jack in the Box Inc  JACK.OQ  reported quarterly adjusted
earnings of $1.16​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of $1.09.  The mean expectation of twenty
two analysts for the quarter was for earnings of $1.10 per
share. Wall Street expected results to range from $1.01 
to $1.21 per share.
    * Revenue fell 6.2% to $349.29 million from a year ago;
analysts
expected $356.47 million. 
    * Jack in the Box Inc's reported EPS for the quarter was
$1.12​.
    * The company reported quarterly net income of $21.94
million.
    * Jack in the Box Inc shares had fallen by 1.1% this
quarter and
lost 43.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days, thirteen analysts negatively revised
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 14
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is also "hold"

Wall Street's median 12-month price target for Jack in the Box
Inc is $52.00 
This summary was machine generated from LSEG data November 20 at
10:00 p.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
 Sep. 30 2024      1.10           1.16           Beat
 Jun. 30 2024      1.51           1.65           Beat
 Mar. 31 2024      1.42           1.46           Beat
 Dec. 31 2023      1.96           1.95           Missed