Cheesecake Factory: Q2 Earnings Insights - Cheesecake Factory (NASDAQ:CAKE)

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.

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.

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.