Cracker Barrel (NASDAQ:CBRL) is set to report earnings after the market closes on Wednesday. Last quarter, the company met revenue expectations of $821.1 million, with a beat on EPS and EBITDA estimates. Analysts are anticipating a 4.3% revenue decline to $855.5 million this quarter, with adjusted earnings expected to be $0.77 per share. Despite a history of missing revenue estimates, analysts are maintaining their estimates. Peers in the sit-down dining segment have shown mixed results, with Brinker International seeing revenue growth and Red Robin experiencing a decline. Cracker Barrel’s stock price has dropped 12.9% over the last month, with an average analyst price target of $55.

Read more at Stockstory.org – CNBC: Cracker Barrel (CBRL) Q2 Earnings Report Preview: What To Look For