Jack in the Box (JACK) Declares $0.30 Quarterly Dividend; 1.6% Yield
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Wedbush Cuts Price Target as Jack in the Box's (JACK) EPS Misses Consensus
February 19, 2016 9:51 AM ESTWedbush maintained an Outperform rating on Jack In The Box (NASDAQ: JACK), and cut the price target to $90.00 (from $105.00), following the company's 1Q earnings report. EPS of $0.93 was below $1.03 consensus. FY16 adjusted EPS guidance was lowered to $3.50- 3.63 from $3.55-3.70, previously.
Analyst Nick... More
Oppenheimer Remains Bullish Despite Qdoba Headwinds Driving Jack in the Box's (JACK) EPS Miss
February 18, 2016 9:22 AM ESTOppenheimer reiterated an Outperform rating and $86.00 price target on Jack In The Box (NASDAQ: JACK) following the company's 1Q results. Adjusted EPS of $0.93 missed Street's $1.03. Unexpected Qdoba costs were a $0.07 headwind versus consensus, accounting for most of the miss. Qdoba comps were +1.5% vs. Street's +1.3%. Guidance... More
Jack in the Box (JACK) Misses Q1 EPS by 10c
February 17, 2016 4:06 PM ESTJack in the Box (NASDAQ: JACK) reported Q1 EPS of $0.93, $0.10 worse than the analyst estimate of $1.03. Revenue for the quarter came in at $470.8 million versus the consensus estimate of $475.49 million.
Jack in the Box system same-store sales increased 1.4 percent for the quarter. Company same-store sales increased 0.5 percent, with average check up 3.4 percent.
Guidance
The following guidance and underlying assumptions reflect the companys current expectations for the second quarter ending April 10, 2016, and fiscal year ending October 2, 2016. Fiscal 2016 is a 53-week year, with 16 weeks in the first quarter, 12 weeks in... More
Jack in the Box (JACK) Halted, News Pending
February 17, 2016 4:05 PM ESTJack in the Box (NASDAQ: JACK) Halted, News Pending
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