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Actionable news in CAKE: The Cheesecake Factory Incorporated,

Why Cheesecake Factory (CAKE) Stock is Tumbling Today

NEW YORK (TheStreet) -- Shares of Cheesecake Factory (CAKE - Get Report) are slumping by 5.77% to $48.99 in pre-market trading on Tuesday morning, following last night's release of the restaurant company's 2015 third quarter financial results, which showed revenue that fell short of analysts' estimates.

The Calabasas Hills, CA-based company reported revenue of $526.7 million for the most recent quarter. Analysts surveyed by Thomson Reuters were looking for revenue of $534.78 million for the September ended period.

However, the company's earnings came in at 59 cents per share for the 2015 third quarter, above the 56 cents per share analysts were expecting.

STOCKS TO BUY: TheStreet Quant Ratings has identified a...


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