For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed alon ...

A month has gone by since the last earnings report for Cheesecake Factory (CAKE) . Shares have added about 8.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Cheesecake Factory due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Cheesecake Factory Q1 Earnings Beat Est ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?The Zac ...

The Cheesecake Factory Incorporated (CAKE) is likely to benefit from strong Flower Child performance, its rewards program and unit-expansion efforts. This and the focus on FRC concepts and emerging brands bode well. However, labor and commodity inflation is a concern.Let us discuss the factors that highlight why investors should retain the stock for now.Factors Driving GrowthCheesecake Factory focuses on Flower Child restaurants to drive growth. In the fiscal first quarter, the company reported strong compa ...

With many market strategists turning slightly bullish amid this bull market, investors may wonder if there’s still any deep value left for the rest of us. Undoubtedly, not all companies have pulled their fair share of weight in the 2024 market surge. Some investors may have ditched the lagging stocks for some hotter names, some of which may have more exposure to the latest needle-moving trends (generative AI, anyone?).As the first half of 2024 comes to a close in just over a month, we may see some of the mo ...

Group 1: Zacks Premium Overview - Zacks Premium offers various tools to enhance investor confidence and market engagement, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1] - The service includes access to Zacks Style Scores, which are designed to help investors select stocks with the highest potential to outperform the market in the short term [2] Group 2: Zacks Style Scores - Zacks Style Scores evaluate stocks based on value, growth, and momentum characteristics, assigning ratings from A to F, with A indicating the highest potential for outperformance [2] - The Value Score focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, and Price/Sales [3] - The Growth Score assesses a company's financial health and future outlook based on earnings, sales, and cash flow projections [3] - The Momentum Score identifies stocks with favorable price trends and earnings outlooks, utilizing recent price changes and earnings estimate revisions [3] - The VGM Score combines the three Style Scores to highlight stocks with attractive value, growth potential, and positive momentum [4] Group 3: Zacks Rank and Style Scores Integration - The Zacks Rank is a proprietary model that uses earnings estimate revisions to simplify portfolio building, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 that also have Style Scores of A or B for optimal investment success [6] - Stocks with lower ranks, such as 4 (Sell) or 5 (Strong Sell), may still have good Style Scores but are likely to face downward price pressure due to negative earnings outlooks [6] Group 4: Company Spotlight - Cheesecake Factory (CAKE) - As of January 2, 2024, Cheesecake Factory operates 334 restaurants across the U.S. and Canada, including brands like The Cheesecake Factory and North Italia [7] - CAKE holds a Zacks Rank of 3 (Hold) and has a VGM Score of A, indicating a solid position in the market [7] - The stock has a Momentum Style Score of A, with a 6.6% increase in share price over the past four weeks, and six analysts have raised earnings estimates for fiscal 2024 [7] - The Zacks Consensus Estimate for CAKE has risen by $0.03 to $3.11 per share, with an average earnings surprise of 6.4% [7]

The Cheesecake Factory Incorporated (CAKE) reported impressive first-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. The top and the bottom line increased from the prior-year quarter’s figure.Earnings & Revenue DiscussionIn the quarter under review, the company reported adjusted earnings per share (EPS) of 73 cents, beating the Zacks Consensus Estimate of 63 cents by 15.9%. In the year-ago period, the company reported adjusted EPS of 61 cents.Quarterly revenues ...

The Cheesecake Factory Incorporated (NASDAQ:CAKE) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Etienne Marcus - Vice President of Finance & Investor Relations David Overton - Chairman & Chief Executive Officer David Gordon - President Matt Clark - Executive Vice President & Chief Financial Officer Conference Call Participants David Tarantino - Baird Katherine Griffin - Bank of America Brian Mullan - Piper Sandler Brian Vaccaro - Raymond James Jim Salera - Stephens Jon Tower - ...

Cheesecake Factory (CAKE) reported $891.22 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 2.9%. EPS of $0.73 for the same period compares to $0.61 a year ago.The reported revenue represents a surprise of +0.33% over the Zacks Consensus Estimate of $888.27 million. With the consensus EPS estimate being $0.63, the EPS surprise was +15.87%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to W ...

Cheesecake Factory (CAKE) came out with quarterly earnings of $0.73 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.61 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.87%. A quarter ago, it was expected that this restaurant chain would post earnings of $0.74 per share when it actually produced earnings of $0.80, delivering a surprise of 8.11%.Over the last four quarters, t ...