Denny's Corp reports results for the quarter ended in September 30 - Earnings Summary

Dennys

22/10/2024 14:41

* Denny's Corp  DENN.OQ  reported quarterly adjusted
earnings of
14 cents​​ per share for the quarter ended September 30, lower
than the same quarter last year, when the company reported EPS
of 17 cents.  The mean expectation of nine analysts for the
quarter was for earnings of 15 cents per share. Wall Street
expected results to range from 12 cents to 17 cents per share.
    * Revenue fell 2.1% to $111.76 million from a year ago;
analysts
expected $115.46 million. 
    * Denny's Corp's reported EPS for the quarter was 12 cents​.
    * The company reported quarterly net income of $6.52
million.
    * Denny's Corp shares had risen by 2.9% this quarter and
lost 39.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 8.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is also "buy"

Wall Street's median 12-month price target for Denny's Corp is
10.00 
This summary was machine generated from LSEG data October 22 at
01:41 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.15                          
 Jun. 30 2024      0.19                          
 Mar. 31 2024      0.14           0.11           Missed
 Dec. 31 2023      0.17           0.14           Missed