Raymond James Upgrades DineEquity (DIN) to Strong Buy
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DineEquity (DIN) Tops Q3 EPS by 10c, Cuts FY12 FCF Outlook
October 30, 2012 8:29 AM EDTDineEquity (NYSE: DIN) reported Q3 EPS of $1.03, $0.10 better than the analyst estimate of $0.93. Revenue for the quarter came in at $216.3 million versus the consensus estimate of $202.63 million.
The company also updated its fiscal 2012 guidance, as follows:
Reiterated Applebees domestic system-wide same-restaurant sales performance to range between 0.5% and 2.5%.
Reiterated IHOPs domestic system-wide same-restaurant sales
performance to trend toward the low end of the range between negative
1.5% and positive 1.5%.
Reiterated Applebees franchisees to develop... More
