Wedbush Cuts Price Target as Jack in the Box's (JACK) EPS Misses Consensus

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Jack in the Box Inc. Reports First Quarter FY 2016 Earnings; Updates Guidance for FY 2016; Declares Quarterly Cash Dividend; Announces Plans to Increase Jack in the Box Franchise Ownership and Reduce

February 17, 2016 4:05 PM EST

SAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. (NASDAQ: JACK) today reported earnings from continuing operations of $33.9 million, or $0.94 per diluted share, for the first quarter ended January 17, 2016, compared with $37.1 million, or $0.94 per diluted share, for the first quarter of fiscal 2015.

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Operating earnings per share, a non-GAAP measure which the company defines as diluted earnings per... More