Cheesecake Factory Inc expected to post earnings of 43  cents a share - Earnings Preview

Cheesecake Factory

30/10/2023 21:56

* Cheesecake Factory Inc  CAKE.OQ   CAKE.O  is expected
to show a
rise in quarterly revenue when it reports  results 
    * The Calabasas Hills California-based  company is expected
to
report  a 7.5% increase in revenue to $842.642 million from $784
million a year ago, according to the mean estimate from 14
analysts, based on Refinitiv data. The company's guidance on
August 2 2023, for the period ended September 30, was for
revenue between $835.00 million and $855.00 million.
    * ​Refinitiv's mean analyst estimate for Cheesecake Factory
Inc is
for earnings of 43 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 13
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cheesecake
Factory Inc is $33​, above​ its last closing price of $30.60.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.80        0.82       0.88      Beat    7.3
 Mar. 31 2023  0.59        0.59       0.61      Beat    3.6
 Dec. 31 2022  0.58        0.57       0.56      Missed  -2.3​
 Sep. 30 2022  0.27        0.28       -0.03     Missed  -110.5
 ​​Jun.        0.75        0.77       0.52      Missed  -32.7
 30 2022                                                
 Mar. 31 2022  0.51        0.51       0.47      Missed  -8.1​
 Dec. 31 2021  0.52        0.58       0.49      Missed  -15.2
 Sep. 30 2021  0.69        0.70       0.65      Missed  -7.6
 This summary was machine generated October 30 at 21:56 GMT.  All
figures in US dollars  unless otherwise stated