Cheesecake Factory Inc expected to post earnings of 59 cents a share - Earnings Preview
08/05/2023 22:05
* Cheesecake Factory Inc CAKE.OQ CAKE.O is expected
to show a
rise in quarterly revenue when it reports results on May 10.
* The Calabasas Hills California-based company is expected
to
report a 9.8% increase in revenue to $871.163 million from
$793.71 million a year ago, according to the mean estimate from
11 analysts, based on Refinitiv data. The company's guidance on
February 22 2023, for the period ended March 31, was for revenue
between $850.00 million and $880.00 million.
* Refinitiv's mean analyst estimate for Cheesecake Factory
Inc is
for earnings of 59 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 9
"hold" and 3 "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.
* Wall Street's median 12-month price target for Cheesecake
Factory Inc is $38, above its last closing price of $32.79.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
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. 30 2022 0.75 0.77 0.52 Missed -32.7
Mar. 31 2022 0.51 0.51 0.47 Missed -8.1
Dec. 0.52 0.58 0.49 Missed -15.2
31 2021
Sep. 30 2021 0.69 0.70 0.65 Missed -7.6
Jun. 30 2021 0.77 0.76 0.80 Beat 4.6
Mar. 31 2021 -0.08 -0.06 0.20 Beat 435.6
This summary was machine generated May 8 at 21:05 GMT. All
figures in US dollars unless otherwise stated