Jack In The Box Inc. (NASDAQ:JACK) is expected to report fourth quarter earnings results, after market close, on Wednesday 18th November 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 1.14 per share.
Looking ahead, the full year income are expected at $ 4.19 per share on the revenues of $ 1015.57 million.
Previous Quarter Performance
Jack In The Box Inc. reported income for the third quarter of $ 1.37 per share, from the revenue of $ 242.28 million. According to street consensus, JACK was expected to report 3Q20 income of $ 1.03 per share from revenue of $ 240.36 million. The bottom line results beat street analysts by $ 0.34 or 33.01 percent, at the same time, top line results outshined analysts by $ 1.92 million or 0.80 percent.
Stock Performance
Shares of Jack In The Box Inc. traded low $ -0.52 or -0.59 percent on Tuesday, reaching $ 87.06 with volume of 380.80 thousand shares. Jack In The Box Inc. has traded high as $ 88.09 and has cracked $ 85.52 on the downward trend
According to the previous trading day, closing price of $ 87.06, representing a 421.00 % increase from the 52 week low of $ 16.81 and a 4.31 % decrease over the 52 week high of $ 91.52.
The company has a market capital of $ 2.04 billion and is part of the Consumer Cyclical sector and Restaurants industry.
Recent Analyst recommendations
- On 14th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 90.00 target price.
Jack in the Box Inc. operates and franchises Jack in the Box quick-service restaurants. As of March 19, 2019, it operated and franchised approximately 2,200 Jack in the Box restaurants in 21 states and Guam.
