Domino's Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Domino's Pizza, Inc. (NYSE:DPZ) is anticipated to report higher Q4 earnings on Feb. 26, 2024, with expected earnings of $4.38 per share compared to $3.97 per share a year ago, and projected revenue of $1.42 billion up from $1.39 billion. The company previously reported better-than-expected Q3 earnings. Analysts from Oppenheimer, HSBC, Piper Sandler, JP Morgan, and BMO Capital have provided various ratings and price targets for DPZ, reflecting a generally positive outlook.
February 26, 2024 | 6:16 am
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Domino's Pizza is expected to report higher Q4 earnings with a positive outlook from Wall Street analysts, indicating a potential increase in stock price.
The anticipation of higher Q4 earnings compared to the previous year, along with positive ratings and price targets from analysts, suggests a bullish outlook for DPZ in the short term. The company's history of better-than-expected earnings and the recent stock price increase further support this view.
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IMPORTANCE 90
RELEVANCE 100