DIN (Post-Call) Welcome Back, Indeed
Earlier today, Dine Brands (DIN; Buy, $46.69) reported Adjusted Q2 EPS of -$0.87, which was better than our forecast of -$1.00 and sell-side consensus (according to Consensus Metrix) of -$0.94.
Earlier today, Dine Brands (DIN; Buy, $46.69) reported Adjusted Q2 EPS of -$0.87, which was better than our forecast of -$1.00 and sell-side consensus (according to Consensus Metrix) of -$0.94.
After today’s (Tuesday, July 28th’s) market close, Denny’s (DENN; Buy, $8.96) reported Q2 adjusted EPS of -$0.25, in between our -$0.28 projection and sellside consensus (according to Consensus Metrix) of -$0.20. On the other hand, Q2 adjusted EBITDA of -$5.1 million was better than our -$11.6 million estimate and consensus of -$6.9 million.
After today’s market close, The Cheesecake Factory (CAKE; Neutral, $19.52) reported adjusted Q1 EPS of +$0.04, one cent above our +$0.03 forecast, and well above sellside consensus (according to Consensus Metrix) of -$0.39.