Cracker Barrel Old Country Store Inc reports results for the quarter ended April 30 - Earnings Summary

• Cracker Barrel Old Country Store Inc CBRL reported quarterly adjusted earnings of 58 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 88 cents. The mean expectation of nine analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 2 cents to 49 cents per share.

• Revenue rose 0.5% to $821.15 million from a year ago; analysts expected $824.30 million.

• Cracker Barrel Old Country Store Inc's reported EPS for the quarter was 56 cents​.

• The company reported quarterly net income of $12.57 million.

• Cracker Barrel Old Country Store Inc shares had risen by 48.8% this quarter and gained 9.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 38.3% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 5 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is "buy."

• Wall Street's median 12-month price target for Cracker Barrel Old Country Store Inc is $50.00

This summary was machine generated from LSEG data June 5 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)