Monday February 24, 2025, 09:56:00
Earlier today (Monday), Domino’s reported that its Q4 2024 EPS reached $4.89. This was ahead of our $4.75 forecast and sell-side consensus (according to Consensus Metrix) of $4.87. The Q4 tax rate was 23.3%, more than our 21.0% projection and consensus of 21.5%. Relative to consensus, the heavier tax rate than anticipated subtracted about -12 cents from Domino’s Q4 EPS.
Monday February 10, 2025, 12:00:08
Earlier today, McDonald’s management remarked on its Q4 earnings conference call that “with a strong US dollar that may continue to strengthen into 2025, we expect from foreign currency to be a full year headwind to 2025 EPS, totaling in the range of $0.20 to $0.30 based on current exchange rates.”
Thursday October 10, 2024, 09:52:05
Earlier today, Domino’s reported Q3 EPS reached $4.19. This was ahead of our $3.40 forecast and sell-side consensus (according to Consensus Metrix) of $3.64. Importantly, Domino’s minority ownership stake in DPC Dash (Domino’s China; 1405.HK; Not Rated) helped pre-tax income by $26.2 million, in line with our expectations. By our math, this works out to an EPS boost of about +59 cents (matching our expectations). Thus, excluding this help, Q3 EPS would have been about $3.60 — four cents short of consensus. Please note that this DPC Dash-related EPS help was not included in our $3.40 Q3E EPS estimate, nor in consensus.
Tuesday April 8, 2025
Tuesday April 8, 2025