The Cheesecake Factory Incorporated (NASDAQ:CAKE) is scheduled to report fourth-quarter fiscal 2019 results on Feb 19. In the last reported quarter, the company’s bottom line surpassed the Zacks Consensus Estimate by 9.3%. Its earnings beat estimates in three out of the trailing four quarters.
How Are Estimates Faring?
The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 61 cents, which suggests an increase from 60 cents registered in the year-ago quarter. Notably, the company’s earnings estimate for the quarter has been stable in the past 30 days. For quarterly revenues, the consensus mark is pegged at nearly $704 million. The figure suggests 20.3% increase from the prior-year quarter’s reported figure.
Let’s delve to find out how the company’s top and the bottom line will shape up in the upcoming quarterly release.
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