Earnings Preview: Cheesecake Factory
Portfolio Pulse from Benzinga Insights
Cheesecake Factory (NASDAQ:CAKE) is set to release its quarterly earnings report on November 1, 2023. Analysts estimate an EPS of $0.43. The company's past performance shows a trend of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $30.6, down 3.77% over the last 52 weeks.
October 31, 2023 | 5:01 pm
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Cheesecake Factory's upcoming earnings report could impact its stock price. The company has a history of beating EPS estimates but experiencing a drop in share price.
Cheesecake Factory's stock price has historically dropped after earnings reports, despite beating EPS estimates. This trend, combined with the overall negative return over the past 52 weeks, suggests that the upcoming earnings report could negatively impact the stock price.
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IMPORTANCE 80
RELEVANCE 100