Nomura Securities Raises Price Target on Domino's Pizza (DPZ) to $152 Following 3Q Beat and Raise

BTIG Lifts PT on Domino's Pizza (DPZ) to $195 Following Q3 Numbers; Notes Strong Digital Platform Leverage

October 18, 2016 3:40 PM EDT

BTIG lifts its price target on Domino's Pizza (NYSE: DPZ) from $164 to $195 following strong Q3 results issued Tuesday morning.

The firm noted today, This quarter further demonstrates Dominos ability to leverage its digital platform to consistently take market share in a... More

Notable 52-Week Highs and Lows 10/18: (S) (ABEO) (DPZ) High; (TSCO) (OPB) Low

October 18, 2016 3:18 PM EDT

52-Week High:Sprint Corporation (NYSE: S) $7.16. Sprint Corp. reported preliminary Q3 results. Total net operating revenues of $8.25 billion grew 3 percent year-over-year and wireless net operating revenues of $7.85 billion grew nearly 5 percent year-over-year. Adjusted EBITDA of $2.35 billion in the quarter compared to $2.01 billion in the prior year quarter, an increase of approximately $340 million or 17... More

Pre-Open Stock Movers 10/18: (NFLX) (SM) (TACO) Higher; (BMI) (NKTR) (IBM) Lower (more...)

October 18, 2016 9:25 AM EDT

Today's Pre-Open Movers

Netflix (NASDAQ: NFLX) 17.1% HIGHER; reported Q3 EPS of $0.12, $0.06 better than the analyst estimate of $0.06. Revenue for the quarter came in at $2.29 billion versus the consensus estimate of $2.28 billion. Q3 U.S. subscriber additions were 370K, versus the consensus of 310K. Q3 Intl. streaming additions were 3.2 million, versus consensus of 2 million. For Q4, Netflix forecast 5.2 million global net adds, with 1.45 million net adds in the US (cons is 1M) and 3.75 million new members internationally (cons is 3.37 million). The company sees Q4 revenue of $2.34 billion, versus the... More

Domino's delivers growth as restaurant industry struggles

October 18, 2016 7:37 AM EDT

By Lisa Baertlein

(Reuters) - Domino's Pizza Inc (NYSE: DPZ) on Tuesday said share buybacks and a greater flow of customers helped deliver a large quarterly profit jump, despite intense competition that is pressuring its leading rivals.

Shares in the company jumped 7.6 percent to $163.62, a record intraday high.

Sales at domestic franchise units open at least one year were up 12.9 percent for the third quarter ended Sept. 11. Analysts had expected a rise of 9.4 percent, according to polling firm Consensus Metrix.

Foreign same-store sales rose by 6.6 percent.

The... More

Domino's Pizza (DPZ) Tops Q3 EPS by 7c; SSS Up 13%

October 18, 2016 7:31 AM EDT

Domino's Pizza (NYSE: DPZ) reported Q3 EPS of $0.96, $0.07 better than the analyst estimate of $0.89. Revenue for the quarter came in at $566.7 million versus the consensus estimate of $541.47 million.

Domestic same store sales grew 13.0% during the quarter versus the year-ago period, which represents... More

Trading Radar for 10/18: Goldman Sachs (GS), Intel (INTC), Yahoo! (YHOO), J&J (JNJ), Harley-Davidson (HOG) Report

October 17, 2016 2:07 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

CPI - Street sees 0.3%Core CPI - Street sees 0.2%

Earnings:

Badger Meter (NYSE: BMI) - consensus EPS $0.33
BlackRock (NYSE: BLK) - consensus EPS $4.98
Comerica (NYSE: CMA) -... More

Nomura Securities Raises price Target on Domino's Pizza (DPZ) Ahead of 3Q Report; Reiterates Neutral

October 17, 2016 8:41 AM EDT

Nomura Securities reiterated a Neutral rating on Domino's Pizza (NYSE: DPZ), and raised the price target to $148.00 (from $145.00), ahead of the company's 3Q earnings report. Domino's appears to be taking share from Pizza Hut, as well as regional chains and independents. This drives Q3 EPS estimates up by +$0.05, to $0.90, one cent above consensus.

Analyst Mark Kalinowski commented, "We raise our third-quarter U.S.... More