Jack In The Box (JACK) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

Core Viewpoint - Jack In The Box (JACK) is expected to report a decline in quarterly earnings and revenues, with analysts predicting earnings of $1.13 per share, a decrease of 22.6% year-over-year, and revenues of $341.22 million, down 6.6% from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 5.6% in the last 30 days, indicating a reassessment by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts forecast 'Revenues- Franchise' to be $195.16 million, reflecting a decrease of 1.6% from the prior year [5]. - 'Revenues- Company restaurant sales' are expected to reach $147.60 million, indicating an 11.7% decline year-over-year [6]. - 'Revenues- Franchise rental revenues' are projected at $84.39 million, down 1.7% from the previous year [6]. Restaurant Counts - Total system counts for Jack In The Box and Del Taco are estimated at 2,779, down from 2,790 a year ago [7]. - Jack In The Box's total restaurant counts are projected to be 2,189, compared to 2,195 in the same quarter last year [8]. - The estimate for 'Jack in the Box - Restaurant Counts (EOP) - Company' is 154, up from 144 year-over-year [9]. Market Performance - Jack In The Box shares have increased by 9.7% over the past month, while the Zacks S&P 500 composite has risen by 13.7% [10]. - The company holds a Zacks Rank of 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [11].