Dine Brands Global, Inc. (DIN) announced a profit for first quarter that decreased from last year and missed the Street estimates.
The company's bottom line came in at $7.84 million, or $0.53 per share. This compares with $16.96 million, or $1.13 per share, last year.
Excluding items, Dine Brands Global, Inc. reported adjusted earnings of $15.40 million or $1.03 per share for the period.
Analysts on average had expected the company to earn $1.24 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.1% to $214.780 million from $206.235 million last year.
Dine Brands Global, Inc. earnings at a glance (GAAP) :
-Earnings: $7.84 Mln. vs. $16.96 Mln. last year.
-EPS: $0.53 vs. $1.13 last year.
-Revenue: $214.780 Mln vs. $206.235 Mln last year.
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