Jack in the Box (JACK) Misses Q4 EPS by 16c, Makes Progress on Qdoba Alternatives
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Jack in the Box (NASDAQ: JACK) reported Q4 EPS of $0.73, $0.16 worse than the analyst estimate of $0.89. Revenue for the quarter came in at $338.7 million versus the consensus estimate of $340.78 million.
The company\'s Board of Directors, with the assistance of Morgan Stanley & Co. LLC, has made substantial progress in its evaluation of potential alternatives with respect to Qdoba, as well as other ways to enhance shareholder value. There can be no assurance that the evaluation process will result in any transaction or other specific course of action. The company does not intend to comment further until the evaluation process is concluded.
For earnings history and earnings-related data on Jack in the Box (JACK) click here.
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