Jack in the Box (JACK) Set to Announce Quarterly Earnings on Wednesday

Jack in the Box (NASDAQ:JACK) will release its earnings data after the market closes on Wednesday, May 15th. Analysts expect Jack in the Box to post earnings of $0.94 per share for the quarter.

Jack in the Box (NASDAQ:JACK) last issued its quarterly earnings data on Wednesday, February 20th. The restaurant operator reported $1.35 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.30 by $0.05. The firm had revenue of $290.80 million for the quarter, compared to analyst estimates of $275.26 million. Jack in the Box had a negative return on equity of 20.44% and a net margin of 16.55%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period last year, the company earned $1.23 EPS. On average, analysts expect Jack in the Box to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of JACK stock opened at $77.89 on Monday. The company has a market capitalization of $1.99 billion, a PE ratio of 20.55, a price-to-earnings-growth ratio of 1.50 and a beta of 0.51. Jack in the Box has a fifty-two week low of $74.19 and a fifty-two week high of $93.98.

A number of brokerages have recently weighed in on JACK. ValuEngine lowered Jack in the Box from a “hold” rating to a “sell” rating in a research report on Monday, April 29th. BidaskClub lowered Jack in the Box from a “hold” rating to a “sell” rating in a research report on Tuesday, April 16th. Telsey Advisory Group reiterated an “outperform” rating and issued a $95.00 price objective (down from $105.00) on shares of Jack in the Box in a research report on Tuesday, April 16th. Wedbush reiterated a “hold” rating and issued a $85.00 price objective on shares of Jack in the Box in a research report on Tuesday, April 9th. Finally, Gordon Haskett upgraded Jack in the Box from a “hold” rating to a “buy” rating in a research report on Wednesday, March 27th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. Jack in the Box has a consensus rating of “Hold” and a consensus price target of $91.40.

In other news, CFO Lance F. Tucker sold 517 shares of the firm’s stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $81.26, for a total value of $42,011.42. Following the completion of the transaction, the chief financial officer now owns 19,004 shares in the company, valued at approximately $1,544,265.04. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last 90 days, insiders sold 1,113 shares of company stock valued at $89,004. 2.30% of the stock is currently owned by company insiders.

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Jack in the Box Company Profile

Jack in the Box Inc operates and franchises Jack in the Box quick-service restaurants. As of April 15, 2018, it operated and franchised 2,245 Jack in the Box restaurants primarily in the western and southern United States and Guam. The company was founded in 1951 and is headquartered in San Diego, California.

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Earnings History for Jack in the Box (NASDAQ:JACK)

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