Cracker Barrel OldCBRL stock rose by 3.0% on Wednesday after the company reported its Q4 earnings results on Tuesday, September 21, 2021 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Cracker Barrel Old missed their estimated earnings by 3.43%, which did not surprise analysts.
Revenue was up $289,340,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.25, which was followed by a 1.46% increase in the share price the next day.
Here's a look at Cracker Barrel Old's past performance and the resulting price change:
Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
---|---|---|---|---|---|
EPS Estimate | 2.33 | 0.26 | 0.8 | 0.35 | -1.05 |
EPS Actual | 2.25 | 1.51 | 0.7 | 0.69 | -0.85 |
Price Change % | 3.0% | 1.46% | 4.2% | -2.38% | -4.76% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Cracker Barrel Old earnings and revenue guidance hasn't been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
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