Dine Brands Global Q3 Adj EPS $1.46 Beats $1.31 Estimate, Sales $202.58M Miss $203.23M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dine Brands Global (NYSE:DIN) reported Q3 adjusted earnings of $1.46 per share, beating the analyst consensus estimate of $1.31 by 11.45%. However, this is a 12.05% decrease from the same period last year. The company's quarterly sales were $202.58 million, missing the analyst consensus estimate of $203.23 million by 0.32%, and marking a 13.14% decrease from the same period last year.
November 01, 2023 | 11:05 am
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NEGATIVE IMPACT
Dine Brands Global's Q3 earnings beat estimates but are down YoY. Sales also missed estimates and are down YoY.
Dine Brands Global's earnings beat estimates, which is positive. However, the YoY decrease in earnings and sales, as well as the missed sales estimate, are negative indicators that could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100