Wednesday February 25, 2026, 12:42:18
Earlier today (Wednesday), Dine Brands reported adjusted fourth-quarter EPS of $1.46. This was well above our $1.05 estimate and sell-side consensus (according to Consensus Metrix) of $1.06. Adjusted EBITDA reached $59.8 million in Q4. Consensus was at $55.3 million.
Tuesday January 6, 2026, 07:00:00
Concurrently with this note, we also publish our industry note entitled “Updating our Q4 Kalinowski Family Dining Same-Store Sales Index (1/6/2026).” As part of that industry note, we increase our Q4E IHOP U.S. same-store sales projection by +150 basis points, to +1.0%. This leads us to also increase our Q4E adjusted EPS estimate for parent company Dine Brands by +15 cents, to $1.05. Our full-year 2025E adjusted EPS forecast rises by +15 cents, to $3.98. Given this higher base of potential 2025E earnings, and IHOP’s sales momentum, we also take up our 2026E and 2027E adjusted EPS projections by +30 cents each, to $4.50 and $5.00, respectively.
Wednesday November 5, 2025, 13:41:01
Earlier today (Wednesday), Dine Brands reported third-quarter adjusted EPS of $0.73, well below our $1.10 estimate and sell-side consensus (according to Consensus Metrix) of $1.01. Dine Brands comments that the decline in adjusted EPS year-over-year (Q3 2024 adjusted EPS was $1.44) “was primarily due to lower segment profit and an increase in G&A expenses.” Adjusted EBITDA reached $49.0 million in Q3. Consensus was at $55.8 million.
Tuesday April 7, 2026
Tuesday April 7, 2026