Jack in the Box Inc. Fourth Quarter Earnings Sneak Peek

The Cheat Sheet

Jack in the Box, Inc. will unveil its latest earnings on Monday, November 21, 2011. Jack in the Box owns, operates and franchises quick-service restaurants and Qdoba Mexican Grill fast-casual restaurants.

Jack in the Box, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 41 cents per share, a rise of 2.5% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. For the year, analysts are projecting net income of $1.54 per share, a decline of 5.5% from last year.

Past Earnings Performance: The company is hoping to beat estimates after missing the mark for two straight quarters. Last quarter, it reported profit of 38 cents per share against an estimate of net income of 40 cents per share. The quarter before that, it missed forecasts by 9 cents.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Wall St. Revenue Expectations: Analysts are projecting a decline of 12.7% in revenue from the year-earlier quarter to $491.5 million.

Analyst Ratings: Analysts seem relatively indifferent about Jack in the Box with eight of 14 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit fell 22.7% to $18.7 million (38 cents a share) from $24.2 million (44 cents a share) the year earlier, missing analyst expectations. Revenue fell 0.8% to $519.3 million from $523.3 million.

Key Stats:

The company has seen net income fall in each of the last two quarters. Net income dropped 61.5% in the second quarter.

Revenue has fallen for the past three quarters. Revenue fell 4.6% in second quarter from the year earlier and 2.4% in the first quarter.

Competitors to Watch: McDonald’s Corporation , Good Times Restaurants Inc. , Yum! Brands, Inc. , Carrols Restaurant Group, Inc. , Sonic Corporation , Wendy’s Arby’s Group Inc. , Chipotle , Ruby Tuesday, Inc. , Panera Bread Company , and Starbucks Corporation .

Stock Price Performance: During August 22, 2011 to November 15, 2011, the stock price had risen $1.71 (9%) from $18.98 to $20.69. The stock price saw one of its best stretches over the last year between June 10, 2011 and June 23, 2011 when shares rose for 10-straight days, rising 8.4% (+$1.73) over that span. It saw one of its worst periods between August 29, 2011 and September 6, 2011 when shares fell for six-straight days, falling 5.6% (-$1.17) over that span. Shares are down 44 cents (-2.1%) year to date.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

 

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