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Cracker Barrel Old Country Store, Inc. Q4 adjusted earnings Beat Estimates

Cracker Barrel Old Country Store, Inc. (CBRL) released earnings for fourth quarter that dropped from last year.

The company's bottom line came in at $25.07 million, or $1.05 per share. This compares with $65.03 million, or $2.70 per share, in last year's fourth quarter.

Excluding items, Cracker Barrel Old Country Store, Inc. reported adjusted earnings of -$20.13 million or -$0.85 per share for the period.

Analysts had expected the company to earn -$1.05 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 37.1% to $495.07 million from $787.10 million last year.

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

-Analysts Estimate: -$1.05
-Revenue (Q4): $495.07 Mln vs. $787.10 Mln last year.

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