Cheesecake Factory (CAKE) Q2 Earnings and Revenues Top Estimates

Cheesecake Factory (CAKE) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +9.43%. A quarter ago, it was expected that this restaurant chain would post earnings of $0.81 per share when it actually produced earnings of $0.93, delivering a surprise of +14.81%. Over the last four quarter ...