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Jack In The Box Analysts Slash Their Forecasts After Downbeat Earnings

Jack In The Box, Inc. (NASDAQ:JACK) posted weaker-than-expected fourth-quarter earnings after Wednesday’s closing bell.Jack In The Box reported quarterly earnings of 30 cents per share, which missed the analyst estimate of 45 cents. Quarterly revenue came in at $326.19 million, which beat the analyst estimate of $319.65 million, but was down from revenue of $349.29 million from the same period last year."While performance in the fourth quarter did not meet our expectations, we remain focused on restoring po ...