Domino's Pizza Q4 EPS $4.48 Beats $4.37 Estimate, Sales $1.40B Miss $1.42B Estimate
Portfolio Pulse from Benzinga Newsdesk
Domino's Pizza (NYSE:DPZ) reported Q4 earnings of $4.48 per share, surpassing the $4.37 estimate, but missed sales estimates with $1.40B against the expected $1.42B. Earnings per share increased by 1.13% from last year, while sales saw a 0.79% increase.
February 26, 2024 | 11:10 am
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Domino's Pizza reported higher than expected Q4 earnings per share at $4.48, but missed sales forecasts with $1.40 billion.
The mixed results with an earnings beat but a slight miss on sales forecasts could lead to neutral short-term stock price movement. The positive earnings growth year-over-year indicates operational efficiency, while the sales miss might raise concerns about growth momentum.
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