Cracker Barrel Old Country Store, Inc. Q1 Earnings Climb 20%

(RTTNews) - Cracker Barrel Old Country Store, Inc. (CBRL) released a profit for its first quarter that gained ground from last year.

The company said its bottom line totaled $40.87 million, or $1.70 per share. This was up from $34.02 million, or $1.42 per share, in last year's first quarter.

Analysts had expected the company to earn $1.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.8% to $702.63 million. This was up from $683.43 million last year.

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

-Earnings (Q1): $40.87 Mln. vs. $34.02 Mln. last year. -Earnings Growth (Y-o-Y): 20.1% -EPS (Q1): $1.70 vs. $1.42 last year. -EPS Growth (Y-o-Y): 19.7% -Analysts Estimate: $1.59 -Revenue (Q1): $702.63 Mln vs. $683.43 Mln last year. -Revenue Change (Y-o-Y): 2.8%

-Guidance: Next quarter EPS guidance: $1.80 - $1.90 Full year EPS guidance: $7.15 - $7.30 Full year revenue guidance: $2.90 - $2.95 Bln