Dine Brands Global Inc reports results for the quarter ended in December - Earnings Summary

Dine Brands Global

28/02/2024 16:58

* Dine Brands Global Inc  DIN.N  reported quarterly adjusted
earnings of $1.40​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of $1.34.  The mean expectation of ten analysts for
the quarter was for earnings of $1.15 per share. Wall Street
expected results to range from 99 cents to $1.33 per share.
    * Revenue fell 0.8% to $206.30 million from a year ago;
analysts
expected $206.15 million. 
    * Dine Brands Global Inc's reported EPS for the quarter was
$2.14​.
    * The company reported quarterly net income of $32.29
million.
    * Dine Brands Global Inc shares had fallen by 7.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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 6 "strong buy" or "buy," 4
"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 Dine Brands
Global Inc is $62.50 
This summary was machine generated from LSEG data February 28 at
04:57 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
 Dec. 31 2023      1.15           1.40           Beat
 Sep. 30 2023      1.31           1.46           Beat
 Jun. 30 2023      1.54           1.82           Beat
 Mar. 31 2023      1.71           1.97           Beat