Cheesecake Factory Inc reports results for the quarter ended December 31 - Earnings Summary

Cheesecake Factory

19/02/2025 22:50

* Cheesecake Factory Inc  CAKE.OQ  reported quarterly
adjusted
earnings of $1.04​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 80 cents.  The mean expectation of twenty
one analysts for the quarter was for earnings of 92 cents per
share. Wall Street expected results to range from 86 cents to 96
cents per share.
    * Revenue rose 5% to $920.96 million from a year ago;
analysts
expected $912.54 million. 
    * Cheesecake Factory Inc's reported EPS for the quarter was
83
cents​.
    * The company reported quarterly net income of $41.15
million.
    * Cheesecake Factory Inc shares had risen by 17.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 8
"hold" and 4 "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is also "buy"

Wall Street's median 12-month price target for Cheesecake
Factory Inc is $56.00 
This summary was machine generated from LSEG data February 19 at
10:49 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.92           1.04           Beat
 Sep. 30 2024      0.49           0.58           Beat
 Jun. 30 2024      1.00           1.09           Beat
 Mar. 31 2024      0.63           0.73           Beat