Compared to Estimates, Cheesecake Factory (CAKE) Q2 Earnings: A Look at Key Metrics

For the quarter ended June 2024, Cheesecake Factory (CAKE) reported revenue of $904.04 million, up 4.4% over the same period last year. EPS came in at $1.09, compared to $0.88 in the year-ago quarter. The reported revenue represents a surprise of -0.36% over the Zacks Consensus Estimate of $907.33 million. With the consensus EPS estimate being $1.00, the EPS surprise was +9.00%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...