Jack In The Box: Fiscal Q4 Earnings Snapshot

In this article:

SAN DIEGO (AP) — SAN DIEGO (AP) — Jack In The Box Inc. (JACK) on Tuesday reported fiscal fourth-quarter profit of $21.9 million.

The San Diego-based company said it had net income of $1.08 per share. Earnings, adjusted for one-time gains and costs, were $1.09 per share.

The results did not meet Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.15 per share.

The burger chain posted revenue of $372.5 million in the period, which beat Street forecasts. Ten analysts surveyed by Zacks expected $368 million.

For the year, the company reported profit of $130.8 million, or $6.30 per share. Revenue was reported as $1.69 billion.

Jack In The Box expects full-year earnings in the range of $6.25 to $6.50 per share.

_____

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

Advertisement