Investing.com - Jack In The Box reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Jack In The Box announced earnings per share of $1.08 on revenue of $398.3M (NYSE:MMM). Analysts polled by Investing.com anticipated EPS of $1.36 on revenue of $391.62M.
Jack In The Box shares are down 46.39% from the beginning of the year and are trading at $80.00 , down-from-52-week-high.They are under-performing the Nasdaq which is down 24.67% from the start of the year.
Jack In The Box follows other major Consumer Discretionary sector earnings this month
Jack In The Box's report follows an earnings beat by Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Alibaba ADR had beat expectations on Thursday, August 4, 2022 with third quarter EPS of $11.73 on revenue of $205.56B, compared to forecast for EPS of $10.7 on revenue of $203.47B.
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