Cracker Barrel Old Q3 Adj EPS $1.21 Misses $1.34 Estimate, Sales $832.69M Miss $846.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Cracker Barrel Old (NASDAQ:CBRL) reported Q3 adjusted earnings of $1.21 per share, missing the analyst consensus estimate of $1.34 by 9.7%. Quarterly sales were $832.69M, missing the estimate of $846.00M by 1.57%. This is a 6.2% decrease in earnings and a 5.38% increase in sales compared to the same period last year.
June 06, 2023 | 12:02 pm
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Cracker Barrel's Q3 earnings and sales missed analyst estimates, with a 6.2% decrease in earnings and a 5.38% increase in sales compared to last year.
Cracker Barrel's Q3 earnings and sales both missed analyst estimates, which could negatively impact the stock price in the short term. The 6.2% decrease in earnings and the 5.38% increase in sales compared to the same period last year indicate that the company's financial performance is not meeting expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100