SAN DIEGO (AP) — SAN DIEGO (AP) — Jack In The Box Inc. (JACK) on Wednesday reported fiscal fourth-quarter net income of $21.9 million.
The San Diego-based company said it had profit of $1.12 per share. Earnings, adjusted for one-time gains and costs, were $1.16 per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.
The burger chain posted revenue of $349.3 million in the period, which missed Street forecasts. Eight analysts surveyed by Zacks expected $357.6 million.
For the year, the company reported a loss of $36.7 million, or $1.87 per share. Revenue was reported as $1.57 billion.
Jack In The Box expects full-year earnings in the range of $5.05 to $5.45 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JACK at https://www.zacks.com/ap/JACK