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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NEUTRAL IMPACT
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