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

Dine Brands Global

01/11/2023 13:33

* Dine Brands Global Inc  DIN.N  reported quarterly adjusted
earnings of $1.46​​ per share for the quarter ended in
September, lower than the same quarter last year, when the
company reported EPS of $1.66.  The mean expectation of
ten analysts for the quarter was for earnings of $1.31 per
share. Wall Street expected results to range from $1.12 
to $1.50 per share.
    * Revenue fell 13.1% to $202.58 million from a year ago;
analysts
expected $203.23 million. 
    * Dine Brands Global Inc's reported EPS for the quarter was
$1.19​.
    * The company reported quarterly net income of $18.05
million.
    * Dine Brands Global Inc shares had fallen by 0.3% this
quarter and lost 23.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.3%
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 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 $66.00 
This summary was machine generated from LSEG data November 1 at
01:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.31           1.46           Beat
 Jun. 30 2023      1.54           1.82           Beat
 Mar. 31 2023      1.71           1.97           Beat
 Dec. 31 2022      1.24           1.34           Beat