Cheesecake Factory Inc expected to post earnings of 82 cents a share - Earnings Preview
01/08/2023 03:06
* Cheesecake Factory Inc CAKE.OQ CAKE.O is expected
to show a
rise in quarterly revenue when it reports results on August 2.
* The Calabasas Hills California-based company is expected
to
report a 5.6% increase in revenue to $879.656 million from
$832.64 million a year ago, according to the mean estimate from
13 analysts, based on Refinitiv data. The company's guidance on
May 10 2023, for the period ended June 30, was for revenue
between $870.00 million and $890.00 million.
* Refinitiv's mean analyst estimate for Cheesecake Factory
Inc is
for earnings of 82 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 11
"hold" and 3 "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.
* Wall Street's median 12-month price target for Cheesecake
Factory Inc is $36, below its last closing price of $36.78.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Mar. 31 2023 0.59 0.59 0.61 Beat 3.6
Dec. 31 2023 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. 0.51 0.51 0.47 Missed -8.1
31 2022
Dec. 31 2021 0.52 0.58 0.49 Missed -15.2
Sep. 30 2021 0.69 0.70 0.65 Missed -7.6
Jun. 30 2021 0.77 0.76 0.80 Beat 4.6
This summary was machine generated August 1 at 02:05 GMT. All
figures in US dollars unless otherwise stated