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Jack in the Box Inc. (JACK) Q3 Earnings, Revenues Come In Above Estimates, Shares Jump More Than 7% After Hours
Jack in the Box Inc. (JACK - Free Report) just released its third quarter fiscal 2016 earnings results, posting earnings of $1.07 per share (excluding special items) and revenue of $368.9 million.
Currently, JACK has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.
Jack in the Box Inc.:
Beat earnings estimates. The company posted earnings of $1.07 per share (excluding special items), far above the Zacks Consensus Estimate of $0.87 per share.
Beat revenue estimates. The company saw revenue figures of $368.9 million, above our consensus estimate of $366.74 million.
Expects full-year earnings to be in the range of $3.65 to $3.75.
Saw Net Income for the quarter come in at $30.2 million.
JACK was up $6.92, or 7.89%, to $94.65 as of 4:55 PM ET in after-hours trading shortly after its earnings report was released.
Here’s a graph that looks at Jack in the Box’ share price and EPS surprises since 2015…
JACK IN THE BOX Price and EPS Surprise
JACK IN THE BOX Price and EPS Surprise | JACK IN THE BOX Quote
Jack in the Box Inc. operates and franchises Jack in the Box quick-service restaurants and Qdoba Mexican Eats fast-casual restaurants primarily in the United States. As of February 17, 2016, it operated and franchised approximately 2,200 Jack in the Box restaurants in 21 states and Guam; approximately 600 Qdoba Mexican Eats restaurants in 47 states, the District of Columbia and Canada. The company was founded in 1951 and is based in San Diego, CA.
Check back later for our full analysis on JACK’s second quarter earnings report!
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