Cheesecake Factory (Nasdaq: CAKE) is expected to report Q2 earnings on July 25. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cheesecake Factory's revenues will expand 6.1% and EPS will increase 16.7%.

The average estimate for revenue is $456.9 million. On the bottom line, the average EPS estimate is $0.49.

Revenue details
Last quarter, Cheesecake Factory logged revenue of $435.8 million. GAAP reported sales were 4.1% higher than the prior-year quarter's $418.8 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.37. GAAP EPS of $0.37 for Q1 were 8.8% higher than the prior-year quarter's $0.34 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 42.5%, 30 basis points better than the prior-year quarter. Operating margin was 6.9%, 20 basis points worse than the prior-year quarter. Net margin was 4.8%, 10 basis points worse than the prior-year quarter.

Looking ahead
The full year's average estimate for revenue is $1.83 billion. The average EPS estimate is $1.88.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 501 members rating the stock outperform, and 133 members rating it underperform. Among 199 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 174 give Cheesecake Factory a green thumbs-up, and 25 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cheesecake Factory is hold, with an average price target of $33.06.

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