Domino's Pizza Q3 EPS $4.18 Beats $3.30 Estimate, Sales $1.03B Miss $1.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
Domino's Pizza reported Q3 earnings of $4.18 per share, beating the analyst consensus estimate of $3.30 by 26.67%. However, the company's quarterly sales of $1.03 billion missed the analyst consensus estimate of $1.05 billion by 1.90%. This represents a 49.82% increase in earnings and a 3.64% decrease in sales compared to the same period last year.
October 12, 2023 | 10:04 am
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Domino's Pizza's Q3 earnings beat estimates but sales missed, indicating mixed performance.
Domino's Pizza's earnings beat estimates, which is positive for the stock. However, the missed sales estimate is a negative factor. These two factors could balance each other out, leading to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100