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

• Cracker Barrel Old Country Store Inc reported quarterly adjusted earnings of 99 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 58 cents. The mean expectation of eight analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from -61 cents to -22 cents per share.

• Revenue fell 2.9% to $797.37 million from a year ago; analysts expected $776.69 million.

• Cracker Barrel Old Country Store Inc's reported EPS for the quarter was $1.90​.

• The company reported quarterly net income of $42.81 million.

• Cracker Barrel Old Country Store Inc shares had fallen by 14.7% this quarter and gained 79.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

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 $44.00, about 3.4% below its last closing price of $45.48

This summary was machine generated from LSEG data September 23 at 04:03 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)