Earnings Preview For Denny's
Portfolio Pulse from Benzinga Insights
Denny's (NASDAQ:DENN) is scheduled to release its quarterly earnings report on February 13, 2024, with analysts expecting an EPS of $0.17. Investors are hopeful for a beat on this estimate and positive guidance for future growth. Despite beating EPS estimates in the past, Denny's stock has experienced mixed reactions, including a slight drop after the last earnings beat. Over the last year, Denny's shares have declined by 14.43%, indicating potential concern among long-term shareholders ahead of the earnings announcement.
February 12, 2024 | 4:02 pm
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Denny's is anticipated to report an EPS of $0.17 for the upcoming quarter. Historical performance shows mixed stock price reactions to earnings announcements, with a general downtrend over the past year.
Denny's upcoming earnings report is crucial, given the stock's 14.43% decline over the past year. While past earnings beats have not consistently led to positive stock price movements, investors remain hopeful for strong performance and guidance. The mixed historical price reactions suggest uncertainty, but positive results could potentially stabilize or uplift the stock in the short term.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100