Dine Brands Global Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Dine Brands Global (NYSE:DIN) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$195.0m (down 3.7% from 3Q 2023).
• Net income: US$18.5m (up 2.5% from 3Q 2023).
• Profit margin: 9.5% (in line with 3Q 2023).
• EPS: US$1.24 (up from US$1.19 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dine Brands Global EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) exceeded analyst estimates by 11%.

Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 9.6% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's shares are up 16% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for Dine Brands Global (2 are potentially serious!) that you need to take into consideration.

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