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Cracker Barrel Old Country Store (CBRL) Has Risen To A New High On Q4 News

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9/19/2012 9:35 AM ET

Cracker Barrel Old Country Store (CBRL: Quote) reported fourth quarter net income of $1.47 per share Wednesday morning, compared to $0.75 per share last year. Adjusted EPS came in at $1.20. The consensus estimate was for EPS of $1.30. The company expects to report first quarter EPS of $1.00 to $1.05 and between $4.50 and $4.70 for the full year 2013. The consensus estimates are for EPS of $1.17 and $4.70.

Cracker Barrel Old Country Store has gapped open sharply higher Wednesday morning and is now up 3.36 at $66.98. The stock has broken out to a new high for the year.

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by RTT Staff Writer

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