Dine Brands (DIN) Tops Q3 Earnings Estimates

Company Performance - Dine Brands reported quarterly earnings of $1.44 per share, exceeding the Zacks Consensus Estimate of$ 1.33 per share, but down from $1.46 per share a year ago, representing an earnings surprise of 8.27% [1] - The company posted revenues of$ 195.03 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.93% and down from $202.58 million year-over-year [2] - Over the last four quarters, Dine Brands has surpassed consensus EPS estimates three times but has not beaten consensus revenue estimates [2] Stock Performance - Dine Brands shares have declined approximately 37.2% since the beginning of the year, contrasting with the S&P 500's gain of 21.2% [3] - The current Zacks Rank for Dine Brands is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is$ 1.39 on revenues of $203.52 million, and for the current fiscal year, it is$ 5.77 on revenues of $814.91 million [7] - The outlook for the Retail - Restaurants industry, where Dine Brands operates, is currently in the top 31% of over 250 Zacks industries, suggesting a favorable environment for performance [8]