Jack In The Box (JACK) PT Lifted to $105 at Oppenheimer as Thesis Strengthens Following Results
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Jack in the Box Inc. Reports Third Quarter FY 2016 Earnings; Updates Guidance for FY 2016; Declares Quarterly Cash Dividend
August 3, 2016 4:06 PM EDTSAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. (NASDAQ: JACK) today reported earnings from continuing operations of $30.8 million, or $0.93 per diluted share, for the third quarter ended July 3, 2016, compared with $28.4 million, or $0.75 per diluted share, for the third quarter of fiscal 2015.
Operating earnings per share, a non-GAAP measure which the company defines as diluted earnings per share from continuing operations on a GAAP basis excluding restructuring charges and gains or losses from refranchising, were $1.07 in the third quarter of fiscal 2016 compared with $0.76 in the prior year quarter.
A reconciliation of non-GAAP... More
