We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ahead of Denny's (DENN) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Wall Street analysts forecast that Denny's (DENN - Free Report) will report quarterly earnings of $0.15 per share in its upcoming release, pointing to a year-over-year increase of 7.1%. It is anticipated that revenues will amount to $115.61 million, exhibiting an increase of 0.2% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 5.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Denny's metrics that are routinely monitored and predicted by Wall Street analysts.
It is projected by analysts that the 'Revenue- Franchise and license revenue' will reach $61.71 million. The estimate indicates a change of +0.7% from the prior-year quarter.
Analysts' assessment points toward 'Revenue- Company restaurant sales' reaching $53.88 million. The estimate points to a change of -0.3% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Franchise and license revenue- Advertising revenue' will reach $20.34 million. The estimate indicates a change of +3.4% from the prior-year quarter.
Analysts forecast 'Revenue- Franchise and license revenue- Occupancy revenue' to reach $8.44 million. The estimate points to a change of -3.2% from the year-ago quarter.
According to the collective judgment of analysts, 'Total restaurants end of period' should come in at 1,575. Compared to the present estimate, the company reported 1,631 in the same quarter last year.
Analysts predict that the 'Franchised and licensed restaurants at end of period' will reach 1,492. Compared to the current estimate, the company reported 1,558 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Company operated restaurants at end of period' of 76. Compared to the present estimate, the company reported 73 in the same quarter last year.
The consensus estimate for 'Restaurant Units Opened - Keke's' stands at 7. Compared to the present estimate, the company reported 3 in the same quarter last year.
The average prediction of analysts places 'Restaurant Units Opened - Denny's' at 7. Compared to the current estimate, the company reported 7 in the same quarter of the previous year.
Analysts expect 'Restaurant Ending Units - Keke's Total' to come in at 69. The estimate is in contrast to the year-ago figure of 58.
Based on the collective assessment of analysts, 'Restaurant Ending Units - Keke's - Franchised and licensed' should arrive at 53. The estimate compares to the year-ago value of 50.
The combined assessment of analysts suggests that 'Restaurant Ending Units - Keke's - Company' will likely reach 14. The estimate compares to the year-ago value of 8.
Over the past month, Denny's shares have recorded returns of +23.8% versus the Zacks S&P 500 composite's +4.2% change. Based on its Zacks Rank #2 (Buy), DENN will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Ahead of Denny's (DENN) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Denny's (DENN - Free Report) will report quarterly earnings of $0.15 per share in its upcoming release, pointing to a year-over-year increase of 7.1%. It is anticipated that revenues will amount to $115.61 million, exhibiting an increase of 0.2% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 5.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Given this perspective, it's time to examine the average forecasts of specific Denny's metrics that are routinely monitored and predicted by Wall Street analysts.
It is projected by analysts that the 'Revenue- Franchise and license revenue' will reach $61.71 million. The estimate indicates a change of +0.7% from the prior-year quarter.
Analysts' assessment points toward 'Revenue- Company restaurant sales' reaching $53.88 million. The estimate points to a change of -0.3% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Franchise and license revenue- Advertising revenue' will reach $20.34 million. The estimate indicates a change of +3.4% from the prior-year quarter.
Analysts forecast 'Revenue- Franchise and license revenue- Occupancy revenue' to reach $8.44 million. The estimate points to a change of -3.2% from the year-ago quarter.
According to the collective judgment of analysts, 'Total restaurants end of period' should come in at 1,575. Compared to the present estimate, the company reported 1,631 in the same quarter last year.
Analysts predict that the 'Franchised and licensed restaurants at end of period' will reach 1,492. Compared to the current estimate, the company reported 1,558 in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Company operated restaurants at end of period' of 76. Compared to the present estimate, the company reported 73 in the same quarter last year.
The consensus estimate for 'Restaurant Units Opened - Keke's' stands at 7. Compared to the present estimate, the company reported 3 in the same quarter last year.
The average prediction of analysts places 'Restaurant Units Opened - Denny's' at 7. Compared to the current estimate, the company reported 7 in the same quarter of the previous year.
Analysts expect 'Restaurant Ending Units - Keke's Total' to come in at 69. The estimate is in contrast to the year-ago figure of 58.
Based on the collective assessment of analysts, 'Restaurant Ending Units - Keke's - Franchised and licensed' should arrive at 53. The estimate compares to the year-ago value of 50.
The combined assessment of analysts suggests that 'Restaurant Ending Units - Keke's - Company' will likely reach 14. The estimate compares to the year-ago value of 8.
View all Key Company Metrics for Denny's here>>>
Over the past month, Denny's shares have recorded returns of +23.8% versus the Zacks S&P 500 composite's +4.2% change. Based on its Zacks Rank #2 (Buy), DENN will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>