Jack In The Box (JACK) Misses Q3 Earnings Estimates
Jack In The Box (NASDAQ: JACK ) came out with quarterly earnings of $1.38 per share, missing the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.79 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.50%. A quarter ago, it was expected that this burger chain would post earnings of $1.35 per share when it actually produced earnings of $1.16, delivering a surprise of -14.07%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Jack In The Box, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $398.31 million for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 1.08%. This compares to year-ago revenues of $269.46 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock''s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management''s commentary on the earnings call.
Jack In The Box (JACK) Misses Q3 Earnings Estimates
Jack In The Box (NASDAQ: JACK ) came out with quarterly earnings of $1.38 per share, missing the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.79 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.50%. A quarter ago, it was expected that this burger chain would post earnings of $1.35 per share when it actually produced earnings of $1.16, delivering a surprise of -14.07%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Jack In The Box, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $398.31 million for the quarter ended June 2022, surpassing the Zacks Consensus Estimate by 1.08%. This compares to year-ago revenues of $269.46 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock''s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management''s commentary on the earnings call.