Tuesday August 2, 2022, 18:38:45
By Mark Kalinowski
After today’s (Tuesday’s) market close, Denny’s reported Q2 adjusted EPS of $0.11, falling short of our $0.14 forecast and sell-side consensus (according to Consensus Metrix) of $0.14. Second-quarter adjusted EBITDA amounted to $17.2 million, below consensus at $19.5 million, but within the company’s target range as stated in early May of $17-$19 million.
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Wednesday June 29, 2022, 07:02:00
By Mark Kalinowski
Denny’s likely plans to report its second quarter earnings during the first week of August, perhaps after the market close on either Monday, August 1st or Tuesday, August 2nd.
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Tuesday May 3, 2022, 17:55:09
By Mark Kalinowski
After today’s market close, Denny’s reported Q1 adjusted EPS of $0.11, falling short of our $0.12 forecast and sell-side consensus (according to Consensus Metrix) of $0.13. However, first-quarter adjusted EBITDA amounted to $17.7 million, and as such was within the company’s target range of $17-$19 million. Nevertheless, for Q2, Denny’s targets $17-$19 million in adjusted EBITDA, well below our forecast of $24.6 million (which we now move to $18 million) and consensus entering today of $25.4 million. The Q2 target range from the company includes about “$4 million related to share-based compensation expense.”
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