Cheesecake Factory (CAKE) PT Lowered to $44 at Morgan Stanley

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Go back to Cheesecake Factory (CAKE) PT Lowered to $44 at Morgan Stanley

Cheesecake Factory (CAKE) PT Lowered to $45 at Jefferies Following 3Q Miss

November 2, 2017 10:00 AM EDT

Jefferies lowered its price target on Cheesecake Factory (NASDAQ: CAKE) to $45.00 (from $46.00) while maintaining a Hold rating following the company's 3Q release. EPS of $0.56 missed the consensus of $0.60, as hurricanes drove the $0.04 miss, but a lower than expected tax rate also helped by about... More

Cheesecake Factory (CAKE) Misses Q3 EPS by 4c

November 1, 2017 4:24 PM EDT

Cheesecake Factory (NASDAQ: CAKE) reported Q3 EPS of $0.56, $0.04 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $555.1 million versus the consensus estimate of $565.68 million.

Comps decline 2.3%

For earnings history and earnings-related data on Cheesecake Factory (CAKE) click here.

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