Benzinga | Oct 29, 2020 04:23PM EDT

Cheesecake Factory Q3 Adj. EPS $(0.33) Beats $(0.42) Estimate, Sales $517.70M Beat $487.83M Estimate

Cheesecake Factory (NASDAQ:CAKE) reported quarterly losses of $(0.33) per share which beat the analyst consensus estimate of $(0.42) by 21.43 percent. This is a 155.93 percent decrease over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $517.70 million which beat the analyst consensus estimate of $487.83 million by 6.12 percent. This is a 11.74 percent decrease over sales of $586.54 million the same period last year.