Denny's Q4 Adj EPS $0.14 Misses $0.17 Estimate, Sales $115.35M Miss $115.67M Estimate
Portfolio Pulse from Benzinga Newsdesk
Denny's reported Q4 adjusted EPS of $0.14, missing the $0.17 estimate, and sales of $115.35M, slightly below the $115.67M estimate. This represents a 22.22% decrease in earnings and a 4.55% decrease in sales from the same period last year.
February 13, 2024 | 9:10 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Denny's Q4 earnings and sales fell short of estimates, with adjusted EPS at $0.14 against an expected $0.17 and sales at $115.35M versus the $115.67M forecast.
Missing both earnings and sales estimates, especially with a significant year-over-year decline, typically leads to negative investor sentiment and could result in a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100