Denny's Q2 2024 Adj. EPS $0.13 Misses $0.19 Estimate, Sales $115.927M Miss $118.980M Estimate
Portfolio Pulse from Benzinga Newsdesk
Denny's (NASDAQ:DENN) reported Q2 2024 earnings per share of $0.13, missing the analyst estimate of $0.19 by 31.58%. Sales were $115.927 million, also missing the estimate of $118.980 million. Both earnings and sales showed a decline compared to the same period last year.
July 30, 2024 | 8:33 pm
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Denny's reported Q2 2024 earnings per share of $0.13, missing the analyst estimate of $0.19 by 31.58%. Sales were $115.927 million, also missing the estimate of $118.980 million. Both earnings and sales showed a decline compared to the same period last year.
Denny's missed both earnings and sales estimates for Q2 2024, which is likely to negatively impact the stock price in the short term. The decline in both metrics compared to the same period last year further adds to the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100