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Non-Tech : Foodmaker (Jack-in-the-Box Restaurants)
FM 27.190.0%Jan 8 4:00 PM EST

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To: Arnie Doolittle who wrote (70)5/6/1997 3:27:00 PM
From: David Kuspa   of 338
 
Arnie, I was checking First Call for a current earnings estimate (dated 5/5/97) and noticed that estimates have creeped up since the last time I checked on 2/10/97, from .12 to .14/share for this quarter. Similarly for FY97 and 98. I checked through the past 2 months on this thread and no one mentioned any of this. First Call doesn't show any "revisions" for the past 30 days, upwards or downwards, but they do show the previous .12 and .13 estimates from a while back (listed under their 60 and 90 days estimates trends).

I guess this has to do with 2 more analysts covering FM, but I'm a little surprised no one has made anything of these upward revisions. $0.73 for FY97 revised upwards to $0.81 is nothing to sneeze at, especially since you mentioned a while back that this quarter will likely look artificially low due to fewer weeks and last year's tax adjustment. At any rate, we'll know tomorrow!

D. Kuspa
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