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

Dine Brands Global

08/05/2024 14:33

* Dine Brands Global Inc  DIN.N  reported quarterly adjusted
earnings of $1.33​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of $1.97.  The mean expectation of ten analysts for the
quarter was for earnings of $1.57 per share. Wall Street
expected results to range from $1.49  to $1.80 per share.
    * Revenue fell 3.5% to $206.24 million from a year ago;
analysts
expected $210.22 million. 
    * Dine Brands Global Inc's reported EPS for the quarter was
$1.13​.
    * The company reported quarterly net income of $16.96
million.
    * Dine Brands Global Inc shares had fallen by 6.2% this
quarter and lost 12.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates

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." 
    * Wall Street's median 12-month price target for Dine Brands
Global Inc is $56.50 

This summary was machine generated from LSEG data May 8 at 01:31
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
 Mar. 31 2024      1.57           1.33           Missed
 Dec. 31 2023      1.15           1.40           Beat
 Sep. 30 2023      1.31           1.46           Beat
 Jun. 30 2023                     1.82