JACK
SAN DIEGO (AP) — SAN DIEGO (AP) — Jack In The Box Inc. (JACK) on Tuesday reported fiscal first-quarter earnings of $33.7 million.
On a per-share basis, the San Diego-based company said it had profit of $1.75. Earnings, adjusted for non-recurring costs, came to $1.92 per share.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.71 per share.
The burger chain posted revenue of $469.4 million in the period, which fell short of Street forecasts. Eight analysts surveyed by Zacks expected $470.2 million.
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