JACK-IN-THE-BOX (JACK)

EARNINGS RELEASE WEDNESDAY- MAY 15 (AMC)

JUMP BACK

Jump Report

Avg Daily Volume: 541,914    Market Cap: 2.01B 
Sector: Services    Short Interest: 16.06

EARNINGS EXPECTATIONS:   

CONSENSUS     EPS:  .93/share      REV:  217/M

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   LAST QTR:  EPS: 1,35/share    ESTIMATED: 1.28/share  (BEAT)
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   NEXT QTR: EPS: 1.02/share    REV: 219/M
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   FY19:  EPS:  4.26/share    REV: 947.4/M
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*These are the base metrics we will be watching against the actual release numbers

BEAT/MISS HISTORY: 61% OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) :5.39, 7.55, 9.47

POTENTIAL JUMP MOVE:   8-10%

Links To Latest News and Headlines

19 Oct, 2020 @ 12:23 by Yahoo! Finance

Sales at U.S. bars and restaurants in September continued to rebound from pandemic-induced drops earlier in the year, though the pace of growth remained slower than the previous months.

19 Oct, 2020 @ 11:48 by Yahoo! Finance

Americans spent more on apparels, sporting goods, foods and furniture last month, a boon for stocks like Zumiez (ZUMZ), Levi Strauss (LEVI), RH, Jack in the Box (JACK) and Sportsman's Warehouse (SPWH).

16 Oct, 2020 @ 12:28 by Yahoo! Finance

Jack in the Box (JACK) along with Raised & Rooted unveils new plant-based Unchicken sandwiches at select outlets in California and Nevada.

Jack in the Box Inc. (NASDAQ: JACK) announced today that Lance Tucker, Executive Vice President and Chief Financial Officer, has provided his intent to resign and will be leaving the company effective within the next six weeks. The company has initiated a search for a new Chief Financial Officer. While the company searches to identify a successor, the senior members of the company’s finance department will assume Tucker’s responsibilities on an interim basis.

Jack In The Box (JACK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.

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ANALYSIS:

StockJumpers tranjectory analysis reveals a sell post release with investor sentiment being soft on the news. We were thinking this was a long play but the data suggests otherwise and it looks like they may come in-line on the base metrics but expectations on the forward guide and same store sales may be weak. 

We are SHORT on the event.

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TRADE PLAN:

ENTRY:  SELL – end of day
STOP LOSS:  5%
TAKE PROFIT:  8%
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UPDATE: (2:32PM) We remain biased short on this event.

POST RELEASE ACTION:  They missed on revenue.. but beat on EPS. We remain short with a revised profit target of 5%

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NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.