Cracker Barrel Old Country Store, Inc. Announces 18% Gain In Q1 Bottom Line

(RTTNews) - Cracker Barrel Old Country Store, Inc. (CBRL) revealed a profit for its first quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $48.36 million, or $2.01 per share. This was higher than $40.87 million, or $1.70 per share, in last year's first quarter.

Analysts had expected the company to earn $1.84 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.0% to $709.97 million. This was up from $702.63 million last year.

Cracker Barrel Old Country Store, Inc. earnings at a glance:

-Earnings (Q1): $48.36 Mln. vs. $40.87 Mln. last year. -Earnings Growth (Y-o-Y): 18.3% -EPS (Q1): $2.01 vs. $1.70 last year. -EPS Growth (Y-o-Y): 18.2% -Analysts Estimate: $1.84 -Revenue (Q1): $709.97 Mln vs. $702.63 Mln last year. -Revenue Change (Y-o-Y): 1.0%

-Guidance: Next quarter EPS guidance: $2.05 - $2.15 Full year EPS guidance: $8.10 - $8.25 Full year revenue guidance: $2.95 - $3.00 Bln