Cheesecake Factory Inc expected to post earnings of 73 cents a share - Earnings Preview
20/02/2024 24:18
* Cheesecake Factory Inc CAKE.OQ CAKE.O is expected
to show a
fall in quarterly revenue when it reports results on February
21 for the period ending December 31 2023
* The Calabasas Hills California-based company is expected
to
report a 1.6% decrease in revenue to $878.148 million from
$892.8 million a year ago, according to the mean estimate from
17 analysts, based on LSEG data.The company's guidance on
November 1 2023, for the period ended December 31, was for
revenue between $870.00 million and $890.00 million.
* LSEG's mean analyst estimate for Cheesecake Factory Inc
is for
earnings of 73 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 12
"hold" and 4 "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 $35.00, above its last closing price of $34.93.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.40 0.43 0.39 Missed -9.2
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. 0.27 0.28 -0.03 Missed -110.5
30 2022
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. 31 2021 0.52 0.58 0.49 Missed -15.2
This summary was machine generated February 20 at 00:18 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)