Gear Up for Cracker Barrel (CBRL) Q2 Earnings: Wall Street Estimates for Key Metrics

Wall Street analysts expect Cracker Barrel Old Country Store (CBRL) to post quarterly earnings of $1 per share in its upcoming report, which indicates a year-over-year decline of 27%. Revenues are expected to be $941.1 million, up 0.6% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.In light of this perspective, let's dive into the average estimates of certain Cracker Barrel metrics that are commonly tracked and forecasted by Wall Street analysts.According to the collective judgment of analysts, 'Revenues- Retail' should come in at $202.77 million. The estimate indicates a change of -0.9% from the prior-year quarter.The consensus estimate for 'Revenues- Restaurant' stands at $738.36 million. The estimate indicates a change of +3.4% from the prior-year quarter.Analysts predict that the 'Number of stores - Total (End of Period)' will reach 728. The estimate is in contrast to the year-ago figure of 725.View all Key Company Metrics for Cracker Barrel here>>>Over the past month, Cracker Barrel shares have recorded returns of -30.3% versus the Zacks S&P 500 composite's -1.3% change. Based on its Zacks Rank #4 (Sell), CBRL will likely underperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cracker Barrel Old Country Store, Inc. (CBRL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks