These Analysts Revise Their Forecasts On Jack In The Box Following Q4 Results

Jack In The Box Inc. JACK reported downbeat earnings for its fourth quarter on Tuesday.

Jack In The Box reported earnings of $1.09 per share, missing the $1.15 estimate. Revenue clocked in at $372.524 million, beating expectations of $372.382 million, according to data from Benzinga Pro.

The company said it sees full-year 2024 earnings between $6.25 and $6.50 per share, versus the $6.60 estimate.

Jack In The Box shares gained 3.5% to trade at $71.28 on Wednesday.

These analysts made changes to their price targets on Jack In The Box following earnings announcement.

• TD Cowen increased the price target on Jack In The Box from $66 to $71. TD Cowen analyst Andrew Charles maintained a Market Perform rating.
• Morgan Stanley cut the price target on Jack In The Box from $80 to $78. Morgan Stanley analyst Brian Harbour maintained an Equal-Weight rating.
• RBC Capital lowered the price target on Jack In The Box from $80 to $78. RBC Capital analyst Christopher Carril maintained an Outperform rating.

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