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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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