Oppenheimer Remains Bullish on Jack in the Box (JACK) Following 4Q
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Jack in the Box Inc. Reports Fourth Quarter FY 2016 Earnings; Issues Guidance for FY 2017; Raises Quarterly Cash Dividend by 33%
November 21, 2016 4:05 PM ESTSAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. (NASDAQ: JACK) today reported earnings from continuing operations of $32.6 million, or $0.98 per diluted share, for the fourth quarter ended October 2, 2016, compared with $23.8 million, or $0.65 per diluted share, for the fourth quarter of fiscal 2015. Fiscal 2016 earnings from continuing operations totaled $126.3 million, or $3.70 per diluted share, compared with $112.6 million, or $2.95 per diluted share in fiscal 2015.
Operating earnings per share, a non-GAAP measure which the company defines as diluted earnings per share from continuing operations on a GAAP basis excluding restructuring charges and gains or losses from... More
