Jack in the Box (JACK) Tops Q1 EPS by 6c; Guides FY15 Above the Street

Jack in the Box (NASDAQ: JACK) reported Q1 EPS of $0.93, $0.06 better than the analyst estimate of $0.87. Revenue for the quarter came in at $468.62 million versus the consensus estimate of $459.8 million.

Jack in the Box sees FY2015 EPS of $2.85-$2.97, versus the consensus of $2.84.

Lenny Comma, chairman and chief executive officer, said, “We had a great first quarter, with a 24 percent increase in operating earnings per share resulting from better than expected same-store sales growth at both Jack in the Box® and Qdoba Mexican Grill®, margin expansion and a 10 percent reduction in our diluted share count as we continued to use our growing free cash flow to return cash to shareholders.”

Increase in same-store sales:

For earnings history and earnings-related data on Jack in the Box (JACK) click here.

You May Also Be Interested In

• Citrini flags overheating concerns as leverage, chip rally weigh on KOSPI
• Morgan Stanley lifts server market TAM to $809B, boosts targets on compute stocks
• Qualcomm investor day to detail data center plans Wednesday