Dine Brands Global (DIN) Set to Announce Earnings on Wednesday

Dine Brands Global (NYSE:DIN) will post its quarterly earnings results before the market opens on Wednesday, October 30th. Analysts expect Dine Brands Global to post earnings of $1.50 per share for the quarter. Dine Brands Global has set its FY19 guidance at $6.80-7.05 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Dine Brands Global (NYSE:DIN) last posted its quarterly earnings data on Wednesday, July 31st. The restaurant operator reported $1.71 earnings per share for the quarter, missing the consensus estimate of $1.85 by ($0.14). The firm had revenue of $228.08 million for the quarter, compared to the consensus estimate of $233.69 million. Dine Brands Global had a negative return on equity of 59.85% and a net margin of 11.73%. The firm’s quarterly revenue was up 23.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.03 EPS. On average, analysts expect Dine Brands Global to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.

DIN stock opened at $72.99 on Wednesday. The stock has a market capitalization of $1.25 billion, a price-to-earnings ratio of 13.59 and a beta of 0.41. The business’s fifty day moving average price is $72.41 and its two-hundred day moving average price is $85.16. Dine Brands Global has a fifty-two week low of $65.63 and a fifty-two week high of $104.00.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 20th will be given a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend is Thursday, December 19th. Dine Brands Global’s payout ratio is 51.40%.

Several research analysts have weighed in on the company. Deutsche Bank reiterated a “buy” rating and set a $95.00 price objective on shares of Dine Brands Global in a research report on Sunday, October 6th. Barclays lowered their price objective on Dine Brands Global from $115.00 to $105.00 and set an “overweight” rating on the stock in a research report on Friday, October 18th. Wedbush lowered their price objective on Dine Brands Global from $135.00 to $120.00 and set an “outperform” rating on the stock in a research report on Thursday, August 1st. Raymond James cut Dine Brands Global from a “strong-buy” rating to an “outperform” rating and lowered their price objective for the stock from $125.00 to $105.00 in a research report on Thursday, August 1st. Finally, Zacks Investment Research upgraded Dine Brands Global from a “sell” rating to a “hold” rating in a research report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $103.00.

Dine Brands Global Company Profile

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: Applebee's Franchise Operations, IHOP Franchise Operations, Rental Operations, Financing Operations, and Company-Operated Restaurant Operations.

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Earnings History for Dine Brands Global (NYSE:DIN)

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