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

Cheesecake Factory

10/05/2023 22:48

* Cheesecake Factory Inc  CAKE.OQ  reported quarterly
adjusted
earnings of 61 cents​​ per share for the quarter ended in March.
The mean expectation of seventeen analysts for the quarter was
for earnings of 59 cents per share.
    * Revenue rose 9.1% to $866.11 million from a year ago;
analysts
expected $871.16 million. 
    * Cheesecake Factory Inc's reported EPS for the quarter was
56
cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Cheesecake Factory Inc shares had fallen by 5.1% this
quarter and gained 4.9% so far this year.
    * The company reported quarterly net income of $28.05
million.
    * Wall Street's median 12-month price target for Cheesecake
Factory Inc is $38.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
10 at 09:48 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.59           0.61           Beat
 Dec. 31 2022      0.57           0.56           Missed
 Sep. 30 2022      0.28           -0.03          Missed
 Jun. 30 2022      0.77           0.52           Missed