Jack in the Box Inc reports results for the quarter ended March 31 - Earnings Summary

• Jack in the Box Inc JACK.OQ reported quarterly adjusted earnings of $1.20​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.46. The mean expectation of twenty analysts for the quarter was for earnings of $1.11 per share. Wall Street expected results to range from 96 cents to $1.28 per share.

• Revenue fell 7.8% to $336.70 million from a year ago; analysts expected $343.08 million.

• Jack in the Box Inc's reported EPS for the quarter was a loss of $7.47​.

• The company reported a quarterly loss of $142.23 million.

• Jack in the Box Inc shares had fallen by 4.1% this quarter and lost 37.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.1% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 13 "hold" and 1 "sell" or "strong sell."

• Wall Street's median 12-month price target for Jack in the Box Inc is $31.00

This summary was machine generated from LSEG data May 14 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)