Jack In The Box: Fiscal Q1 Earnings Snapshot
SAN DIEGO (AP) — SAN DIEGO (AP) — Jack In The Box Inc. (JACK) on Wednesday reported fiscal first-quarter profit of $38.7 million.
The San Diego-based company said it had net income of $1.93 per share. Earnings, adjusted for one-time gains and costs, came to $1.95 per share.
The results met Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of $1.95 per share.
The burger chain posted revenue of $487.5 million in the period, exceeding Street forecasts. Ten analysts surveyed by Zacks expected $480.2 million.
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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
