Domino’s (DPZ) Q4 Earnings Report Preview: What To Look For
Fast-food pizza chain Domino’s (NYSE:DPZ)
will be reporting results tomorrow before market open. Here’s what to look for.
Last quarter Domino’s reported revenues of $1.03 billion, down 3.9% year on year, missing analyst expectations by 2%. It was a weak quarter for the company, with a miss of analysts’ revenue estimates.
Is Domino’s buy or sell heading into the earnings? Find out by reading the original article on StockStory.
This quarter analysts are expecting Domino’s’s revenue to grow 2.1% year on year to $1.42 billion, slowing down from the 3.6% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted earnings are expected to come in at $4.40 per share.
The analysts covering the company have been growing increasingly bullish about the business heading into the earnings, with revenue estimates seeing four upward revisions over the last thirty days. The company missed Wall St’s revenue estimates six times over the last two years.
Looking at Domino’s’s peers in the traditional fast food segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. Jack in the Box (NASDAQ:)’s revenues decreased 7.5% year on year, beating analyst estimates by 1.2% and Restaurant Brands (NYSE:) reported revenues up 7.8% year on year, exceeding estimates by 1%. Both stocks (Jack in the Box and Restaurant Brands) traded flat on the results.
Read the full analysis of Jack in the Box’s and Restaurant Brands’s results on StockStory.
Investors in the traditional fast food segment have had steady hands going into the earnings, with the stocks up on average 0.6% over the last month. Domino’s is up 0.1% during the same time, and is heading into the earnings with analyst price target of $437.3, compared to share price of $434.
Read the full article here