Cheesecake Factory Inc reports results for the quarter ended December 31 - Earnings Summary

• Cheesecake Factory Inc CAKE.OQ reported quarterly adjusted earnings of $1.04​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 80 cents. The mean expectation of twenty one analysts for the quarter was for earnings of 92 cents per share. Wall Street expected results to range from 86 cents to 96 cents per share.

• Revenue rose 5% to $920.96 million from a year ago; analysts expected $912.54 million.

• Cheesecake Factory Inc's reported EPS for the quarter was 83 cents​.

• The company reported quarterly net income of $41.15 million.

• Cheesecake Factory Inc shares had risen by 17.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 8 "hold" and 4 "sell" or "strong sell."

• The average consensus recommendation for the restaurants & bars peer group is also "buy"

Wall Street's median 12-month price target for Cheesecake Factory Inc is $56.00

This summary was machine generated from LSEG data February 19 at 10:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)