Cracker Barrel Old Country Store (CBRL) Surpasses Q1 Earnings and Revenue Estimates
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Cracker Barrel Old Country Store (CBRL) reported Q1 earnings of $0.45 per share, surpassing the Zacks Consensus Estimate of $0.40 per share, though down from $0.51 per share a year ago.
November 14, 2024 | 4:00 pm
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Cracker Barrel Old Country Store (CBRL) exceeded Q1 earnings expectations with $0.45 per share, above the $0.40 estimate, but lower than last year's $0.51.
CBRL's earnings beat the consensus estimate, which is typically a positive indicator for stock performance. However, the earnings are lower compared to the previous year, which may temper investor enthusiasm. Overall, the positive earnings surprise is likely to have a favorable short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100