Jack In The Box: Fiscal Q2 Earnings Snapshot
SAN DIEGO (AP) — SAN DIEGO (AP) — Jack In The Box Inc. (JACK) on Wednesday reported a loss of $142.2 million in its fiscal second quarter.
The San Diego-based company said it had a loss of $7.47 per share. Earnings, adjusted for one-time gains and costs, were $1.20 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.
The burger chain posted revenue of $336.7 million in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $340.3 million.
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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
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