Cracker Barrel Old Country Store Inc reports results for the quarter ended January 31 - Earnings Summary

• Cracker Barrel Old Country Store Inc CBRL.OQ reported quarterly adjusted earnings of $1.38​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of $1.37. The mean expectation of nine analysts for the quarter was for earnings of $1.09 per share. Wall Street expected results to range from 82 cents to $1.66 per share.

• Revenue rose 1.5% to $949.44 million from a year ago; analysts expected $943.58 million.

• Cracker Barrel Old Country Store Inc's reported EPS for the quarter was 99 cents​.

• The company reported quarterly net income of $22.21 million.

• Cracker Barrel Old Country Store Inc shares had fallen by 23.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 8.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 6 "hold" and 3 "sell" or "strong sell."

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

Wall Street's median 12-month price target for Cracker Barrel Old Country Store Inc is $55.00

This summary was machine generated from LSEG data March 6 at 02:31 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)