Stock Analysis
Denny's (NASDAQ:DENN) First Quarter 2024 Results
Key Financial Results
- Revenue: US$110.0m (down 6.4% from 1Q 2023).
- Net income: US$4.69m (up by US$4.09m from 1Q 2023).
- Profit margin: 4.3% (up from 0.5% in 1Q 2023).
- EPS: US$0.088 (up from US$0.01 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Denny's Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 36%.
Looking ahead, revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US.
Performance of the American Hospitality industry.
The company's shares are down 4.1% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 5 warning signs with Denny's (at least 2 which are a bit concerning), and understanding these should be part of your investment process.
Valuation is complex, but we're helping make it simple.
Find out whether Denny's is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqCM:DENN
Denny's
Through its subsidiaries, owns and operates franchised full-service restaurant chains under the Denny's and Keke’s Breakfast Cafe brands in the United States and internationally.
Fair value with limited growth.