Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) will announce its earnings results before the market opens on Wednesday, October 18th. Analysts expect the company to announce earnings of $0.64 per share for the quarter. Dunkin’ Brands Group has set its FY17 guidance at $2.40-2.43 EPS.
Dunkin’ Brands Group (NASDAQ:DNKN) last issued its quarterly earnings results on Thursday, July 27th. The restaurant operator reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.02. Dunkin’ Brands Group had a negative return on equity of 141.72% and a net margin of 25.48%. The firm had revenue of $218.50 million for the quarter, compared to the consensus estimate of $220.77 million. During the same period in the prior year, the business posted $0.57 earnings per share. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. On average, analysts expect Dunkin’ Brands Group to post $2.43 EPS for the current fiscal year and $2.65 EPS for the next fiscal year.
Shares of Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) opened at 55.25 on Wednesday. Dunkin’ Brands Group, Inc. has a one year low of $46.55 and a one year high of $59.70. The stock has a 50 day moving average price of $52.79 and a 200 day moving average price of $54.50. The stock has a market capitalization of $4.99 billion, a P/E ratio of 24.23 and a beta of 0.24.
DNKN has been the topic of a number of research reports. Bank of America Corporation restated a “neutral” rating and set a $62.00 price target (up from $60.00) on shares of Dunkin’ Brands Group in a research note on Tuesday, June 13th. Zacks Investment Research raised Dunkin’ Brands Group from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research report on Monday, July 17th. BidaskClub lowered Dunkin’ Brands Group from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $64.00 price objective on shares of Dunkin’ Brands Group in a research report on Friday, July 21st. Finally, Stephens reaffirmed an “equal weight” rating and set a $54.00 price objective on shares of Dunkin’ Brands Group in a research report on Wednesday, July 26th. Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the stock. Dunkin’ Brands Group presently has an average rating of “Hold” and a consensus target price of $57.95.
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In other news, SVP Karen Raskopf sold 33,000 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $52.80, for a total transaction of $1,742,400.00. Following the completion of the sale, the senior vice president now owns 33,000 shares in the company, valued at $1,742,400. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 3.10% of the stock is currently owned by corporate insiders.
Dunkin’ Brands Group Company Profile
Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.
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