Cheesecake Factory (CAKE) to Report Earnings: Revenue and EPS Outlook

Cheesecake Factory (CAKE) reports earnings Wednesday after the bell. Analysts expect revenue of $948.4 million, +3% YoY, and EPS $0.99. Last quarter, revenue rose 4.8% to $907.2 million but missed consensus by 0.5%. EPS beat estimates while same-store sales were slightly below expectations. Peer results suggest mixed outcomes: Brinker International grew revenue 6.9% and beat estimates, while Kura Sushi grew 14% in line with consensus. In the past month, CAKE shares rose 1.5% vs. a 5.7% decline for the peer group. The average price target is $60.89 vs. the current $58.51.