Jack in the Box (JACK) Declares $.30 Quarterly Dividend; 1.4% Yield
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Jefferies Raises Price Target on Jack in the Box (JACK) Following 3Q Earnings Report
August 5, 2016 10:39 AM EDTJefferies reiterated a Buy rating on Jack In The Box (NASDAQ: JACK), and raised the price target to $112.00 (from $100.00), following the company's 3Q earnings report. Jefferies believes the JIB brand will continue to be a net share gainer in QSR despite the stumble in... More
Jack In The Box (JACK) PT Lifted to $105 at Oppenheimer as Thesis Strengthens Following Results
August 4, 2016 11:34 AM EDTOppenheimer analyst Brian Bittner raised his price target on Jack In The Box (NASDAQ: JACK) to $105.00 (from $97.00), saying strong results after the close strengthens their Outperform thesis on the stock.
Bittner said the Sttreet's earnings estimates through '18 must begin playing catch-up, comps have... More
Jack in the Box (JACK) Tops Q3 EPS by 20c, Updates Outlook
August 3, 2016 4:13 PM EDTJack in the Box (NASDAQ: JACK) reported Q3 EPS of $1.07, $0.20 better than the analyst estimate of $0.87. Revenue for the quarter came in at $368.94 million versus the consensus estimate of $367.52 million.
Lenny Comma, chairman and chief executive officer, said, Operating earnings per share for the third quarter exceeded our expectations, and resulted primarily from healthy margins combined with proceeds from a legal settlement, mark-to-market adjustments and a lower tax rate. We were particularly pleased that Jack in the Box® system same-store sales closed the gap as compared to the industry, with results steadily improving... More
