Jack In The Box
March 8, 2012 by staff
Jack In The Box, Jack in the Box (NAS: JACK) reported earnings on Feb. 22. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Jan. 22 (Q1), Jack in the Box missed estimates on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank slightly and GAAP earnings per share shrank significantly.
Gross margins expanded, operating margins shrank, and net margins dropped.
Jack in the Box logged revenue of $652.7 million. The oneanlyst polled by S&P Capital IQ looked for a top line of $682.2 million on the same basis. GAAP reported sales were 1.8% lower than the prior-year quarter’s $664.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.25. The 10 earnings estimates compiled by S&P Capital IQ averaged $0.24 per share on the same basis. GAAP EPS of $0.27 for Q1 were 56% lower than the prior-year quarter’s $0.61 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 44.1%, 2,950 basis points better than the prior-year quarter. Operating margin was 4.2%, 30 basis points worse than the prior-year quarter. Net margin was 1.8%, 310 basis points worse than the prior-year quarter.
Next quarter’s average estimate for revenue is $502.3 million. On the bottom line, the average EPS estimate is $0.25.
Next year’s average estimate for revenue is $2.18 billion. The average EPS estimate is $1.15.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 325 members out of 358 rating the stock outperform, and 33 members rating it underperform. Among 133 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 124 give Jack in the Box a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Jack in the Box is hold, with an average price target of $22.86.
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