Earnings Outlook For Cheesecake Factory
Portfolio Pulse from Benzinga Insights
Cheesecake Factory (NASDAQ:CAKE) is set to release its quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $0.82. The company's past performance shows a pattern of share price drops following earnings beats. The stock was trading at $36.78 as of July 31, with a 52-week return of 16.23%.
August 04, 2023 | 9:49 am
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Cheesecake Factory's upcoming earnings report could impact its stock price. Past performance shows a trend of share price drops following earnings beats.
Cheesecake Factory's stock price has historically dropped following earnings beats. With the upcoming earnings report, there's a possibility of a similar trend, especially if the company beats the estimated EPS of $0.82.
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