Domino's Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Core Insights - Domino's Pizza, Inc. is set to release its third-quarter earnings results on October 14, with analysts expecting earnings of $3.97 per share, a decrease from $4.19 per share in the same quarter last year [1] - The company anticipates quarterly revenue of $1.14 billion, an increase from $1.08 billion year-over-year [1] Recent Performance - In the second quarter, Domino's reported revenue of $1.15 billion, surpassing analyst expectations of $1.14 billion, leading to a 0.5% increase in share price to close at $413.50 [2] Analyst Ratings - Barclays analyst Jeffrey Bernstein maintains an Underweight rating, lowering the price target from $425 to $405 [4] - Wells Fargo analyst Zachary Fadem keeps an Equal-Weight rating, reducing the price target from $490 to $450 [4] - Citigroup analyst Jon Tower holds a Neutral rating, cutting the price target from $500 to $480 [4] - Guggenheim analyst Gregory Francfort maintains a Neutral rating, raising the price target from $485 to $490 [4] - Argus Research analyst John Staszak reiterates a Hold rating with a price target of $490 [4]