Jack in the Box (JACK) volatility bid up into Q4 and outlook

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Oppenheimer Remains Bullish on Jack in the Box (JACK) Following 4Q

November 22, 2016 10:16 AM EST

Oppenheimer reiterated an Outperform rating and $115.00 price target on Jack In The Box (NASDAQ: JACK) following the company's 4Q earnings report. Adjusted 4Q16 EPS of $1.03 beat Street's $0.88E primarily related to better SG&A (~$0.11), a lower tax rate ($0.03) and higher franchise profits ($0.02). Within management's... More