DineEquity (DIN) Tops Q3 EPS by 5c; Guides FY11 EPS In-Line
DineEquity (NYSE: DIN) reported Q3 EPS of $1.04, $0.05 better than the analyst estimate of $0.99. Revenue for the quarter came in at $0 versus the consensus estimate of $265.84 million.
Applebee's domestic system-wide same-restaurant sales decreased 0.3% for the third quarter 2011, which represented the first quarter of negative same-restaurant sales since the second quarter of 2010.
IHOP's domestic system-wide same-restaurant sales decreased 1.5% for the third quarter 2011, compared to the same quarter in 2010. Same-restaurant sales reflected declines in traffic and a higher average guest check.
DineEquity sees FY2011 EPS of $4.20-$4.30, versus the consensus of $4.22.
Applebee's domestic system-wide same-restaurant sales decreased 0.3% for the third quarter 2011, which represented the first quarter of negative same-restaurant sales since the second quarter of 2010.
IHOP's domestic system-wide same-restaurant sales decreased 1.5% for the third quarter 2011, compared to the same quarter in 2010. Same-restaurant sales reflected declines in traffic and a higher average guest check.
DineEquity sees FY2011 EPS of $4.20-$4.30, versus the consensus of $4.22.