Dine Brands Global Q2 2024 Adj. EPS $1.71 Beats $1.64 Estimate, Sales $206.300M Miss $210.728M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dine Brands Global (NYSE:DIN) reported Q2 2024 adjusted EPS of $1.71, beating the analyst estimate of $1.64. However, sales of $206.3 million missed the $210.728 million estimate and were down 1.01% from the same period last year.
August 07, 2024 | 11:01 am
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Dine Brands Global reported Q2 2024 adjusted EPS of $1.71, beating the analyst estimate of $1.64. However, sales of $206.3 million missed the $210.728 million estimate and were down 1.01% from the same period last year.
The positive EPS surprise is offset by the sales miss and the year-over-year decline in sales. This mixed result is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100