Jack In The Box: Fiscal Q2 Earnings Snapshot
SAN DIEGO (AP) — SAN DIEGO (AP) — Jack In The Box Inc. (JACK) on Tuesday reported fiscal second-quarter net income of $25 million.
On a per-share basis, the San Diego-based company said it had net income of $1.26. Earnings, adjusted for one-time gains and costs, were $1.46 per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.43 per share.
The burger chain posted revenue of $365.3 million in the period, which did not meet Street forecasts. Nine analysts surveyed by Zacks expected $369.7 million.
Jack In The Box expects full-year earnings in the range of $6.25 to $6.40 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JACK at https://www.zacks.com/ap/JACK