Shares of restaurant company Cheesecake Factory (NASDAQ:CAKE) jumped 14.5% in the morning session after the company reported third-quarter results that blew past analysts' EBITDA expectations.
Cheesecake Factory (CAKE) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.39 per share a year ago.
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The Cheesecake Factory (CAKE) is a stock many investors are watching right now. CAKE is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 12.16 ...
Cheesecake Factory (CAKE) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings ...
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According to the Journal, the investor, JCP Investment Management, has amassed a stake in Cheesecake Factory (CAKE) of around 2%. JCP believes that the smaller restaurant brands under Cheesecake ...
JCP Investment Management, an activist investor, reportedly has built a stake in The Cheesecake Factory (CAKE) and is pushing for the restaurant chain to break up. The Cheesecake Factory shares ...