Cracker Barrel Old Country Store, Inc. Announces 22% Rise In Q3 Bottom Line

(RTTNews) - Cracker Barrel Old Country Store, Inc. (CBRL) reported a profit for its third quarter that rose from last year.

The company said its bottom line came in at $43.86 million, or $1.82 per share. This was up from $35.85 million, or $1.49 per share, in last year's third quarter.

Analysts had expected the company to earn $1.80 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.4% to $700.14 million. This was up from $683.71 million last year.

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

-Earnings (Q3): $43.86 Mln. vs. $35.85 Mln. last year. -Earnings Growth (Y-o-Y): 22.3% -EPS (Q3): $1.82 vs. $1.49 last year. -EPS Growth (Y-o-Y): 22.1% -Analysts Estimate: $1.80 -Revenue (Q3): $700.14 Mln vs. $683.71 Mln last year. -Revenue Change (Y-o-Y): 2.4%

-Guidance: Next quarter EPS guidance: $2.05 - $2.15 Full year EPS guidance: $7.45 - $7.55 Full year revenue guidance: $2.90 - $2.95 Bln