Jack In The Box Q4 2023 Adj. EPS $1.09 Misses $1.15 Estimate, Revenue $372.524M Beats $372.382M Estimate
Portfolio Pulse from Benzinga Newsdesk
Jack In The Box reported its Q4 2023 adjusted earnings per share (EPS) of $1.09, which fell short of the analyst estimate of $1.15. However, the company's revenue of $372.524 million slightly exceeded the estimate of $372.382 million.
November 21, 2023 | 9:07 pm
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Jack In The Box's Q4 2023 adjusted EPS missed estimates by $0.06, but revenue beat estimates by a narrow margin.
Missing the EPS estimate could lead to a negative short-term reaction in the stock price as investors may be concerned about profitability. However, the slight revenue beat may mitigate some of the negative impact. The mixed results present uncertainty, which typically does not bode well for stock performance in the short term.
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