Jack In The Box: Fiscal 2Q Earnings Snapshot

Associated Press |

SAN DIEGO (AP) _ Jack In The Box Inc. (JACK) on Wednesday reported fiscal second-quarter net income of $25.1 million.

The San Diego-based company said it had profit of 96 cents per share. Earnings, adjusted for restructuring costs and to account for discontinued operations, were 99 cents per share.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share.

The burger chain posted revenue of $215.7 million in the period, missing Street forecasts. Seven analysts surveyed by Zacks expected $217.4 million.

Jack In The Box shares have climbed slightly since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $77.86, a drop of 14% in the last 12 months.

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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