Jack In The Box Inc. (JACK) revealed earnings for first quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $33.69 million, or $1.75 per share. This compares with $38.68 million, or $1.93 per share, last year.
Excluding items, Jack In The Box Inc. reported adjusted earnings of $1.92 per share for the period.
Analysts on average had expected the company to earn $1.69 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 3.7% to $469.44 million from $487.50 million last year.
Jack In The Box Inc. earnings at a glance (GAAP) :
-Earnings: $33.69 Mln. vs. $38.68 Mln. last year.
-EPS: $1.75 vs. $1.93 last year.
-Revenue: $469.44 Mln vs. $487.50 Mln last year.
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