Cheesecake Factory: Q2 Earnings Insights

Cheesecake Factory: Q2 Earnings Insights

Cheesecake Factory CAKE reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Cheesecake Factory missed estimated earnings by 33.33%, reporting an EPS of $0.52 versus an estimate of $0.78.

Revenue was up $63.69 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.04 which was followed by a 2.03% increase in the share price the next day.

Here's a look at Cheesecake Factory's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.51 0.58 0.71 0.72
EPS Actual 0.47 0.49 0.65 0.80
Revenue Estimate 783.45M 773.44M 762.44M 742.58M
Revenue Actual 793.71M 776.69M 754.47M 768.96M

To track all earnings releases for Cheesecake Factory visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings