Countdown to Cracker Barrel (CBRL) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

Core Insights - Cracker Barrel Old Country Store (CBRL) is expected to report a quarterly loss of -$0.68 per share, a decline of 251.1% year-over-year, with revenues forecasted at $801.06 million, down 5.2% from the previous year [1] Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the past 30 days, indicating that analysts have not changed their initial projections [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Projections - Analysts predict 'Revenues- Retail' will reach $152.64 million, reflecting a year-over-year decrease of 5.7% [4] - The consensus for 'Revenues- Restaurant' is $648.49 million, indicating a decline of 5.1% year-over-year [5] Company Metrics - The estimated number of 'Company-Owned Units - Cracker Barrel' is projected to be 657, down from 660 in the same quarter last year [5] - Analysts project the 'Number of stores - Total (End of Period)' will reach 717, compared to 658 a year ago [5] Stock Performance - Cracker Barrel shares have decreased by 12.4% over the past month, contrasting with a slight increase of 0.1% in the Zacks S&P 500 composite [6] - The company holds a Zacks Rank 4 (Sell), suggesting it is expected to underperform the overall market in the near future [6]