The Cheesecake Factory-Cheesecake Factory (CAKE) Beats Q3 Earnings Estimates

Cheesecake Factory (CAKE) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of$ 0.47 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 23.40%. A quarter ago, it was expected that this restaurant chain would post earnings of$ 1 per share when it actually produced earnings of $1.09, delivering a surprise of 9%. Over the last four quarters, the c ...