Jack In The Box: Fiscal Q1 Earnings Snapshot

Published March 1, 2023 5:36 AM

SAN DIEGO (AP) — SAN DIEGO (AP) — Jack In The Box Inc. (JACK) on Wednesday reported fiscal first-quarter profit of $53.3 million.

The San Diego-based company said it had profit of $2.54 per share. Earnings, adjusted for non-recurring gains, were $2.01 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.76 per share.

The burger chain posted revenue of $527.1 million in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $506.5 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JACK at https://www.zacks.com/ap/JACK

Article Topic Follows: AP National Business

Jump to comments ↓

Associated Press

BE PART OF THE CONVERSATION

KION 46 is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.