Dine Brands Global rises after upbeat Q1 results

Dine Brands Global

03/05/2023 14:35

** Shares of Applebee's owner Dine Brands Global Inc  DIN.N 
up 5.86% at $67.07, hitting a two-week high
    ** DIN reports Q1 adj. EPS of $1.97, beating analysts'
expectations of $1.71 - Refinitiv
    ** Reports better-than-expected Q1 total rev of $213.8 mln
vs estimates of $206.7 mln
    ** Six of eight brokerages rate the stock "buy" or higher,
rest going for "hold"; their median PT is $84 - Refinitiv 
    ** Stock up 3.2% YTD 

 (Reporting by Shashwat Chauhan in Bengaluru)
 ((Shashwat.Chauhan@thomsonreuters.com;))