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0.00310605163653403 0.00549919766630474 0.00745150100638088 0.0117969503762277 0.00373582690752629 0.0162053772731739 0.0148198716769909 0.0425299836006521
Stock impact report

IHOP parent Dine Brands stock sinks after earnings and revenue miss [MarketWatch]

Dine Brands Global, Inc. (DIN) 
Last dine brands global, inc. earnings: 4/29 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.dineequity.com/news-releases
Company Research Source: MarketWatch
IHOP parent Dine Brands stock sinks after earnings and revenue miss Dine Brands Global Inc. DIN, -8.30% shares sank 7.5% in Wednesday premarket trading after the IHOP and Applebee's parent reported second-quarter earnings and revenue that missed expectations. Net income totaled $20.7 million, or $1.18 per share, up from $12.3 million, or 69 cents per share, last year. Adjusted EPS was $1.71, missing the $1.81 FactSet consensus. Revenue of $228.1 million was up from $184.5 million but below the $235.0 million FactSet estimate. For the quarter, Applebee's same-restaurant sales fell 0.5% while IHOP's grew 2%. For the year, Dine Brands expects Applebee's same-restaurant sales to range between flat and 1.5% growth, down from previous guidance for 2% to 4% growth. IHOP same-restaurant sales are expected to range between 1% and 3% growth, also down from previous guidance for 2% to 4% growth. Earnings are expected to range from $5.75 to $6.00, down from $6.15 to $6.45. And adjusted EPS is Show less Read more
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