Markets
DIN

Dine Brands (DIN) Q2 Earnings Beat, Revenues Miss Estimates

Dine Brands Global, Inc.DIN , formerly known as DineEquity, Inc., operates full-service restaurants in the United States and in other countries around the globe. The company owns and operates two restaurant concepts, which includes Applebee's Neighborhood Grill & Bar (Applebee's) - a bar and grill concept of the casual dining restaurant industry; and International House of Pancakes (IHOP), which primarily caters to the family dining segment.

Investors should note that the Zacks Consensus Estimate for DIN has hardly witnessed any significant movement over the last 60 days. Meanwhile, DIN's earnings performance has been mostly encouraging over the past few quarters with the trailing four-quarter average earnings surprise coming in at a positive 6.5%.

DIN currently has a Zacks Rank #3 (Hold) but that could change following DineEquity's earnings report which was just released. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

We have highlighted some of the key stats from this just-revealed announcement below:

Earnings: DIN beats on earnings. The consensus earnings estimate called for earnings per share of 94 cents, and the company reported adjusted earnings of $1.03 per share.

Revenues: DIN reported revenues of $184.5 million. This however missed the consensus estimate of $186.2 million.

Key Stats to Note: Domestic system-wide comps at IHOP and Applebee's increased 0.7% and 5.7%, respectively, in the second quarter of 2018.

DineEquity, Inc Price, Consensus and EPS Surprise

DineEquity, Inc Price, Consensus and EPS Surprise | DineEquity, Inc Quote

Check back for our full write up on this DIN earnings report later!

Looking for Stocks with Skyrocketing Upside?

Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.

Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.

See the pot trades we're targeting>>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

DineEquity, Inc (DIN): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

DIN

Other Topics

Earnings Investing Stocks