Cheesecake Factory (Nasdaq: CAKE) reported earnings on Oct. 24. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Oct. 2 (Q3), Cheesecake Factory met expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue grew and GAAP earnings per share increased significantly.

Margins grew across the board.

Revenue details
Cheesecake Factory logged revenue of $453.8 million. The 22 analysts polled by S&P Capital IQ expected sales of $458.2 million on the same basis. GAAP reported sales were 5.4% higher than the prior-year quarter's $430.4 million.

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

EPS details
EPS came in at $0.49. The 22 earnings estimates compiled by S&P Capital IQ predicted $0.49 per share. GAAP EPS of $0.49 for Q3 were 36% higher than the prior-year quarter's $0.36 per share.

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

Margin details
For the quarter, gross margin was 43.3%, 100 basis points better than the prior-year quarter. Operating margin was 8.7%, 170 basis points better than the prior-year quarter. Net margin was 6.0%, 120 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $471.7 million. On the bottom line, the average EPS estimate is $0.53.

Next year's average estimate for revenue is $1.82 billion. The average EPS estimate is $1.91.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 499 members out of 633 rating the stock outperform, and 134 members rating it underperform. Among 197 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 175 give Cheesecake Factory a green thumbs-up, and 22 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 $35.00.