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Cheesecake Factory reported Q2 EPS of $1.09, beating estimates, but missed revenue expectations.
Cheesecake Factory reported better-than-expected Q2 EPS of $1.09, beating the $1.00 consensus estimate, with revenue reaching $904.04M (up 4.4% YoY).
However, it missed revenue expectations of $909.19M.
The company declared a quarterly dividend of $0.27.
Brokerages have issued positive reports, with Bank of America raising its target price to $43.00 and Citigroup upgrading the stock to buy.
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Cheesecake Factory informó que Q2 EPS de $1.09, calculando la mejoría, pero perdió las expectativas de ingresos.