Cheesecake Factory (CAKE) Reports Next Week: Wall Street Expects Earnings Growth

Company Overview - Cheesecake Factory (CAKE) is expected to report a year-over-year increase in earnings, with a projected EPS of $0.63, reflecting a change of +3.3% [2] - Revenues are anticipated to reach $888.27 million, which is a 2.6% increase from the previous year [2] Earnings Estimates and Revisions - The consensus EPS estimate has been revised down by 0.4% over the last 30 days, indicating a reassessment by analysts [2] - The Most Accurate Estimate for Cheesecake Factory is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.27% [4] Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [4] - Cheesecake Factory currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [5][6] Historical Performance - In the last reported quarter, Cheesecake Factory exceeded the expected EPS of $0.74 by delivering $0.80, resulting in a surprise of +8.11% [7] - Over the past four quarters, the company has beaten consensus EPS estimates three times [7] Industry Context - In the broader Zacks Retail - Restaurants industry, Portillo's Inc. is also expected to report earnings, with an EPS estimate of $0.05, indicating no change from the previous year [9] - Portillo's Inc. has an Earnings ESP of 4.76% and a Zacks Rank of 3, suggesting a potential earnings beat as well [9]