Cheesecake Factory Inc reports results for the quarter ended in June - Earnings Summary

Cheesecake Factory

03/08/2023 18:06

* Cheesecake Factory Inc  CAKE.OQ  reported quarterly
adjusted
earnings of 88 cents​​ per share for the quarter ended in June.
The mean expectation of eighteen analysts for the quarter was
for earnings of 82 cents per share.
    * Revenue rose 4% to $866.17 million from a year ago;
analysts
expected $879.85 million. 
    * Cheesecake Factory Inc's reported EPS for the quarter was
87
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Cheesecake Factory Inc shares had risen by 5.6% this
quarter and
gained 15.1% so far this year.
    * The company reported quarterly net income of $42.68
million.
    * Wall Street's median 12-month price target for Cheesecake
Factory Inc is $36.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 05:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.82           0.88           Beat
 Mar. 31 2023      0.59           0.61           Beat
 Dec. 31 2022      0.57           0.56           Missed
 Sep. 30 2022      0.28           -0.03          Missed