Cheesecake Factory Likely to Report 'Strong' Q2 Financial Results, Oppenheimer Says

MT Newswires Live
07/27

Cheesecake Factory (CAKE) is expected to post a "strong" Q2 financial report, with the company set to strike a "bullish" tone as same-store sales accelerate and margins expand, Oppenheimer said in a note Sunday.

The investment firm expects the company to post Q2 earnings of $1.20 a share, ahead of FactSet consensus estimate of $1.17, when it releases its quarterly financial results on Tuesday.

Analysts said the company's comparative trends are set to produce quarterly beats, driven by its successful app launch and viral-like social media buzz.

The firm said the company's full-year guidance now looks "beatable," with the potential for $4.50-range EPS in 2026 and over $5 in 2027.

Oppenheimer retained an outperform rating on the stock and increased its price target to $91 from $72.

Shares of Cheesecake Factory were up more than 1% in Monday trading.

Price: 85.82, Change: +1.10, Percent Change: +1.30

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10