Dine Brands Global, Inc. (NYSE:DIN) is set to announce third quarter earning results on Wednesday 28th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, DIN to report 3Q20 income of $ 0.36 per share from revenue of $ 165.96 million.
For the full year, analysts anticipate top line of $ 678.45 million, while looking forward to income of $ 1.98 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 7.08 ~ $ 7.28 per share
Click Here For More Historical Outlooks Of Dine Brands Global, Inc.
Previous Quarter Performance
Dine Brands Global, Inc. recorded loss for the second quarter of $ 0.87 per share, from the revenue of $ 109.71 million. The quarterly revenues shrunk 51.90 percent compared with the same quarter last year. Wall street analysts are predicting, DIN to report 2Q20 loss of $ 0.97 per share from revenue of $ 98.19 million. The bottom line results beat street analysts by $ 0.1 or 10.31 percent, at the same time, top line results outshined analysts by $ 11.52 million or 11.73 percent.
Stock Performance
Shares of Dine Brands Global, Inc. traded up $ 0.20 or 0.36 percent on Tuesday, reaching $ 56.49 with volume of 455.10 thousand shares. Dine Brands Global, Inc. has traded high as $ 57.67 and has cracked $ 54.62 on the downward trend
According to the previous trading day, closing price of $ 56.49, representing a 297.53 % increase from the 52 week low of $ 14.16 and a 46.12 % decrease over the 52 week high of $ 104.47.
The company has a market capital of $ 927.52 million and is part of the Consumer Cyclical sector and Restaurants industry.
Recent Analyst recommendations
- On 14th October 2020, maintained by Wedbush at Outperform rating, with $ 70.00 target price.
Conference Call
Dine Brands Global, Inc. will be hosting a conference call at 12:00 PM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dinebrands.com
Dine Brands Global, Inc., together with its subsidiaries, owns, franchises, operates, and rents full-service restaurants in the United States and internationally. It operates in five segments: Applebees Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations. The company owns and franchises two restaurant concepts, including Applebees Neighborhood Grill + Bar (Applebees) in the bar and grill segment of the casual dining category; and International House of Pancakes (IHOP) in the family dining category of the restaurant industry.
