Dine Brands Global Q2 Adj EPS $1.82 Beats $1.53 Estimate, Sales $208.41M Miss $210.23M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dine Brands Global (NYSE:DIN) reported Q2 adjusted earnings of $1.82 per share, beating the analyst consensus estimate of $1.53 by 18.95%. This is a 10.3% increase from the same period last year. However, the company's quarterly sales of $208.41 million missed the analyst consensus estimate of $210.23 million by 0.86%, marking a 12.35% decrease from the same period last year.
August 04, 2023 | 12:54 pm
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Dine Brands Global's Q2 earnings beat estimates but sales missed, indicating mixed performance.
Dine Brands Global's earnings beat estimates, which is a positive signal for investors. However, the company's sales missed estimates, which could be a concern. The mixed results may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100