Dine Brands (DIN) Reports Q2 Earnings: What Key Metrics Have to Say

DIN

Dine Brands (DIN - Free Report) reported $208.42 million in revenue for the quarter ended June 2023, representing a year-over-year decline of 12.4%. EPS of $1.82 for the same period compares to $1.65 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $210.23 million, representing a surprise of -0.86%. The company delivered an EPS surprise of +18.95%, with the consensus EPS estimate being $1.53.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

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: 3451 compared to the 3492.17 average estimate based on six analysts.
  • IHOP Restaurant - System-wide- Domestic same - restaurant sales percentage change: 2.1% versus 2.17% estimated by six analysts on average.
  • Number of restaurants - Total - IHOP Corp: 1790 compared to the 1800.33 average estimate based on six analysts.
  • Applebee?s Restaurant- System-wide- Domestic same-restaurant sales percentage change: -1% versus 1.13% estimated by four analysts on average.
  • Number of restaurants - Applebees International Inc: 1661 compared to the 1669.25 average estimate based on four analysts.
  • Total Applebee's restaurants, end of period - Franchise: 1661 compared to the 1669 average estimate based on three analysts.
  • Franchise revenues: $177.92 million versus the six-analyst average estimate of $179.30 million. The reported number represents a year-over-year change of +5.7%.
  • Rental revenues: $29.44 million versus the six-analyst average estimate of $29.41 million. The reported number represents a year-over-year change of +1.3%.
  • Financing revenues: $0.58 million compared to the $0.84 million average estimate based on six analysts. The reported number represents a change of -39% year over year.
  • Franchise revenues- Advertising revenue: $75.98 million versus $77.46 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +2.5% change.
  • Franchise revenues- Royalties, franchise fees and other: $101.94 million compared to the $100.70 million average estimate based on five analysts. The reported number represents a change of +8.3% year over year.
  • Company restaurant sales: $0.47 million versus $1.05 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -98.8% change.
View all Key Company Metrics for Dine Brands here>>>

Shares of Dine Brands have returned +3.6% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

Zacks Names #1 Semiconductor Stock

It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.

With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.

See This Stock Now for Free >>