Cracker Barrel (CBRL) Tops Q4 EPS by 4c, Miss on Revenues; Offers F2018 EPS Outlook

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Cracker Barrel (CBRL) PT Lowered to $158 at Nomura/Instinet on 4Q Report; 'Sales Environment Harder...Downside Risks Possible Due to Hurricanes'

September 14, 2017 8:16 AM EDT

Nomura/Instinet lowered its price target on Cracker Barrel (NASDAQ: CBRL) to $158.00 (from $162.00) while maintaining a Neutral rating, following the company's fourth quarter earnings report.

Analyst Mark Kalinowski notes the company delivered fourth quarter earnings per share print above consensus projections, while... More