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Jack In The Box Beats Estimates, Shares Spike 7%

Jack in the Box Inc. JACK 0.89% released its Q2 results after market close on Wednesday. Earnings per share came in above Wall Street consensus expectations,sending shares higher.

Jack in the Box reported EPS of $0.93 and revenues of $368.9 million. Analyst consensus had an EPS estimate of $0.87 and revenues of $367.42 million.

Jack in the Box saw Q3 same-store sales up 0-0.5 percent at Jack in the Box and 1-2 percent at Qdoba.

At time of writing, Jack in the Box traded at $93.79 in Wednesday's after-hours session, up 7 percent.

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