Jack In The Box Q3 Adj EPS $1.45 Beats $1.34 Estimate, Sales $396.90M Beat $393.89M Estimate
Portfolio Pulse from Benzinga Newsdesk
Jack In The Box (NASDAQ:JACK) reported Q3 adjusted earnings of $1.45 per share, beating the analyst consensus estimate of $1.34 by 8.21%. This is a 5.07% increase over earnings of $1.38 per share from the same period last year. The company also reported quarterly sales of $396.90 million, beating the analyst consensus estimate of $393.89 million by 0.76%. However, this is a 0.35% decrease over sales of $398.31 million the same period last year.
August 09, 2023 | 12:34 pm
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Jack In The Box reported better than expected Q3 earnings and sales, with a YoY increase in earnings but a slight decrease in sales.
The company's earnings beat estimates and showed a YoY increase, which is a positive signal for investors. However, the slight decrease in sales YoY might be a concern for some investors, potentially limiting the positive impact on the stock price.
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