Jack in the Box Inc. said its normalized net income for the fiscal first quarter ended Jan. 18 amounted to 93 cents per share, compared with the S&P Capital IQ consensus estimate of 87 cents per share.
EPS rose 21.7% year over year from 76 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $36.6 million, a gain of 9.4% from $33.5 million in the prior-year period.
The normalized profit margin rose to 7.8% from 7.4% in the year-earlier period.
Total revenue climbed year over year to $468.6 million from $450.1 million, and total operating expenses increased year over year to $404.8 million from $392.0 million.
Reported net income rose 12.6% year over year to $37.0 million, or 94 cents per share, from $32.9 million, or 75 cents per share.
