Jack In The Box (NASDAQ:JACK) reported its Q2 earnings results on Thursday, May 26, 2022 at 08:30 AM.
Here's what investors need to know about the announcement.
Earnings
Jack In The Box missed estimated earnings by 15.94%, reporting an EPS of $1.16 versus an estimate of $1.38.
Revenue was up $65.08 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 1.37% drop in the share price the next day.
Here's a look at Jack In The Box's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.91 | 1.75 | 1.46 | 1.29 |
| EPS Actual | 1.97 | 1.80 | 1.79 | 1.48 |
| Revenue Estimate | 346.43M | 289.07M | 257.49M | 250.91M |
| Revenue Actual | 344.71M | 278.45M | 269.46M | 257.22M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Jack In The Box management provided guidance for FY 2022, expecting earnings between $5.8 and $6.1 per share.
To track all earnings releases for Jack In The Box visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
