Cracker Barrel Old Country Store Inc reports results for the quarter ended January 31 - Earnings Summary

• Cracker Barrel Old Country Store Inc CBRL.OQ reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $1.38. The mean expectation of nine analysts for the quarter was for a loss of 30 cents per share. Wall Street expected results to range from -78 cents to 18 cents per share.

• Revenue fell 7.9% to $874.82 million from a year ago; analysts expected $864.35 million.

• Cracker Barrel Old Country Store Inc's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $1.28 million.

• Cracker Barrel Old Country Store Inc shares had risen by 20.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 142.1% in the last three months.​

• In the last 30 days, there have been no negative revisions of 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 $28.00, about 9.7% below its last closing price of $30.71

This summary was machine generated from LSEG data March 4 at 10:01 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)