DineEquity's Earnings Beat Last Year's by 37%
DineEquity (NYS: DIN) reported earnings on March 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), DineEquity met expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped significantly and GAAP earnings per share improved.
Margins expanded across the board.
DineEquity logged revenue of $242.2 million. The seven analysts polled by S&P Capital IQ hoped for a top line of $241.4 million on the same basis. GAAP reported sales were 19% lower than the prior-year quarter's $299.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $0.81. The seven earnings estimates compiled by S&P Capital IQ anticipated $0.77 per share on the same basis. GAAP EPS were $1.51 for Q4 against -$3.33 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 49.7%, 1,490 basis points better than the prior-year quarter. Operating margin was 21.6%, 220 basis points better than the prior-year quarter. Net margin was 11.8%, 2,880 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $245.8 million. On the bottom line, the average EPS estimate is $1.15.
Next year's average estimate for revenue is $886.8 million. The average EPS estimate is $3.82.
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 95 members out of 220 rating the stock outperform, and 125 members rating it underperform. Among 73 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 32 give DineEquity a green thumbs-up, and 41 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on DineEquity is outperform, with an average price target of $51.86.
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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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