Cheesecake Factory Inc expected to post earnings of $1.00 a share - Earnings Preview
29/07/2024 22:44
* Cheesecake Factory Inc CAKE.OQ CAKE.O is expected
to show a
rise in quarterly revenue when it reports results on July 31
for the period ending June 30 2024
* The Calabasas Hills California-based company is expected
to
report a 4.9% increase in revenue to $908.662 million from
$866.17 million a year ago, according to the mean estimate from
17 analysts, based on LSEG data.The company's guidance on May 8
2024, for the period ended June 30, was for revenue between
$890.00 million and $910.00 million.
* LSEG's mean analyst estimate for Cheesecake Factory Inc
is for
earnings of $1.00 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 9
"hold" and 4 "sell" or "strong sell."
* The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.
* Wall Street's median 12-month price target for Cheesecake
Factory Inc is $38.00, above its last closing price of $37.38.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.63 0.63 0.73 Beat 15.1
Dec. 31 2024 0.73 0.73 0.80 Beat 9.5
Jan. 1 0001 0.40 0.43 0.39 Missed -9.2
Jan. 1 0001 0.80 0.82 0.88 Beat 7.3
Jan. 0.59 0.57 0.61 Beat 3.6
1 0001
Jan. 1 0001 0.58 0.57 0.56 Missed -2.3
Sep. 30 2022 0.27 0.28 -0.03 Missed -110.5
Jun. 30 2022 0.75 0.77 0.52 Missed
This summary was machine generated July 29 at 21:43 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)