Alert: New Earnings Report (11/21/23)-Jack in the Box Inc. (NASDAQ: JACK).

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For its fourth fiscal quarter (ending September 30), Jack in the Box Inc. (NASDAQ: JACK) has reported a -50% decline in E.P.S. from $2.17 a year ago to $1.09 in the current quarter. This performance was $-0.06 short of the consensus estimate of $1.15. E.P.S. were $6.35 for the latest four quarters through September 30 versus $5.46 for the same period a year ago — an increase of 16%.

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Recent Price Action

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Jack in the Box Inc. (NASDAQ: JACK) stock rose modestly by 0.7% on 11/21/23. The stock closed at $68.89. The stock has been weak relative to the market over the last nine months but has risen 3.6% during the last week.

Current PriceTarget Research Rating

JACK’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

Jack in the Box is currently unrated.

Rating Review

The stock is currently unrated.

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