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Dine Brands (DIN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended September 2024, Dine Brands (DIN - Free Report) reported revenue of $195.03 million, down 3.7% over the same period last year. EPS came in at $1.44, compared to $1.46 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $198.87 million, representing a surprise of -1.93%. The company delivered an EPS surprise of +8.27%, with the consensus EPS estimate being $1.33.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dine Brands performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Number of restaurants - Total - IHOP restaurants: 1,809 versus the five-analyst average estimate of 1,812.
IHOP Restaurant - System-wide - Domestic same - restaurant sales percentage change: -2.1% versus -1.5% estimated by five analysts on average.
Number of restaurants - Applebee's restaurants: 1,620 versus the five-analyst average estimate of 1,617.
Applebee?s Restaurant- System-wide - Domestic same-restaurant sales percentage change: -7.1% compared to the -3.6% average estimate based on four analysts.
Global Effective Restaurants - Area License - IHOP Corp: 155 compared to the 155 average estimate based on three analysts.
Total Applebee's restaurants, end of period - International: 107 versus the two-analyst average estimate of 105.
Franchise revenues: $166.35 million versus $169.97 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -3.6% change.
Rental revenues: $27.99 million versus $28.95 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -3.9% change.
Financing revenues: $0.42 million versus the five-analyst average estimate of $0.53 million. The reported number represents a year-over-year change of -32.8%.
Company restaurant sales: $0.27 million versus the four-analyst average estimate of $0.31 million. The reported number represents a year-over-year change of -13.3%.
Franchise revenues- Advertising revenue: $69.79 million versus $72.57 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -4.9% change.
Franchise revenues- Royalties, franchise fees and other: $96.57 million versus the four-analyst average estimate of $98.15 million. The reported number represents a year-over-year change of -2.6%.
Shares of Dine Brands have returned +4.6% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Dine Brands (DIN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended September 2024, Dine Brands (DIN - Free Report) reported revenue of $195.03 million, down 3.7% over the same period last year. EPS came in at $1.44, compared to $1.46 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $198.87 million, representing a surprise of -1.93%. The company delivered an EPS surprise of +8.27%, with the consensus EPS estimate being $1.33.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dine Brands performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Number of restaurants - Total - IHOP restaurants: 1,809 versus the five-analyst average estimate of 1,812.
- IHOP Restaurant - System-wide - Domestic same - restaurant sales percentage change: -2.1% versus -1.5% estimated by five analysts on average.
- Number of restaurants - Applebee's restaurants: 1,620 versus the five-analyst average estimate of 1,617.
- Applebee?s Restaurant- System-wide - Domestic same-restaurant sales percentage change: -7.1% compared to the -3.6% average estimate based on four analysts.
- Global Effective Restaurants - Area License - IHOP Corp: 155 compared to the 155 average estimate based on three analysts.
- Total Applebee's restaurants, end of period - International: 107 versus the two-analyst average estimate of 105.
- Franchise revenues: $166.35 million versus $169.97 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -3.6% change.
- Rental revenues: $27.99 million versus $28.95 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -3.9% change.
- Financing revenues: $0.42 million versus the five-analyst average estimate of $0.53 million. The reported number represents a year-over-year change of -32.8%.
- Company restaurant sales: $0.27 million versus the four-analyst average estimate of $0.31 million. The reported number represents a year-over-year change of -13.3%.
- Franchise revenues- Advertising revenue: $69.79 million versus $72.57 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -4.9% change.
- Franchise revenues- Royalties, franchise fees and other: $96.57 million versus the four-analyst average estimate of $98.15 million. The reported number represents a year-over-year change of -2.6%.
View all Key Company Metrics for Dine Brands here>>>Shares of Dine Brands have returned +4.6% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.