Jack in the Box Reports Mixed Q2 Results
Jack in the Box (NASDAQ: JACK) released its fiscal second-quarter earnings results after the closing bell on Wednesday. The company reported adjusted earnings per share of $0.27 versus $0.12 in the year ago period. This compared to Wall Street consensus EPS estimates of $0.32.
Revenues in the quarter were $506.6 million compared to $505.1 million in last year's second-quarter. This came in ahead of analysts' consensus revenue estimates of $502.86 million.
Consolidated operating margins rose to 15.5 percent in the quarter compared to 12.3 percent last year.
Looking ahead to the full-year, the company sees earnings per share in a range between $1.28 and $1.50 and operating EPS of $1.00 to $1.15. Currently, Wall Street analysts have consensus EPS estimates of $1.34 for the full year.
At last check, JACK shares were halted in Wednesday's after hours session.
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