Cheesecake Factory CAKE unveils its next round of earnings Wednesday. Get prepared with Benzinga's ultimate preview for Cheesecake Factory's Q4 earnings.
Earnings and Revenue
Wall Street analysts see Cheesecake Factory reporting earnings of 53 cents per share on sales of $572.07 million.
Cheesecake Factory EPS in the same period a year ago totaled 67 cents per share. Revenue was $603.14 million. If the company were to match the consensus estimate when it reports Wednesday, earnings would be down 20.9 percent. Sales would have fallen 5.15 percent from the same quarter last year.
In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.61 | 0.77 | 0.72 | 0.67 |
| EPS Actual | 0.56 | 0.78 | 0.72 | 0.67 |
Stock Performance
Over the last 52-week period, shares of Cheesecake Factory have declined 24.48 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Long-term shareholders are already wary of 12-month losses prior to the announcement.
Over the past 90 days, analysts have generally adjusted their estimates lower for EPS and revenues. The average rating by analysts on Cheesecake Factory stock is a Neutral. The validity of this rating has risen over the past 90 days.
Conference Call
Cheesecake Factory's Q4 is scheduled to hold a conference call at 5:00 p.m. ET and it can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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