Dine Brands Global, Inc. Reports First Quarter 2021 Results
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Dine Brands Global (DIN) Tops Q1 EPS by 88c, Revenues Beat
May 5, 2021 8:09 AM EDTDine Brands Global (NYSE: DIN) reported Q1 EPS of $1.75, $0.88 better than the analyst estimate of $0.87. Revenue for the quarter came in at $204.2 million versus the consensus estimate of $199.27 million.
First Quarter of 2021 Summary
GAAP earnings per diluted share of $1.51 for the first quarter of 2021 compared to earnings per diluted share of $1.31 for the first quarter of 2020. The increase was primarily due to lower income tax expense and an increase in gross profit, partially offset by higher general and administrative expenses and an increase in closure and impairment charges. The decline... More