Brokerages forecast that Dunkin Brands Group Inc (NASDAQ:DNKN) will report $0.63 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Six analysts have issued estimates for Dunkin Brands Group’s earnings, with the highest EPS estimate coming in at $0.65 and the lowest estimate coming in at $0.61. Dunkin Brands Group reported earnings per share of $0.64 during the same quarter last year, which would indicate a negative year-over-year growth rate of 1.6%. The company is expected to issue its next quarterly earnings report before the market opens on Tuesday, February 6th.
According to Zacks, analysts expect that Dunkin Brands Group will report full-year earnings of $2.42 per share for the current year, with EPS estimates ranging from $2.40 to $2.44. For the next year, analysts anticipate that the business will report earnings of $2.77 per share, with EPS estimates ranging from $2.55 to $3.17. Zacks’ earnings per share averages are an average based on a survey of analysts that that provide coverage for Dunkin Brands Group.
Dunkin Brands Group (NASDAQ:DNKN) last issued its earnings results on Thursday, October 26th. The restaurant operator reported $0.61 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.02). The firm had revenue of $224.20 million during the quarter, compared to the consensus estimate of $214.60 million. Dunkin Brands Group had a negative return on equity of 140.12% and a net margin of 24.91%. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period last year, the business earned $0.60 earnings per share.
Dunkin Brands Group (NASDAQ DNKN) opened at $65.09 on Friday. The company has a market capitalization of $5,761.70, a price-to-earnings ratio of 28.42, a P/E/G ratio of 1.58 and a beta of 0.30. Dunkin Brands Group has a 12-month low of $50.54 and a 12-month high of $66.44. The company has a debt-to-equity ratio of -13.82, a current ratio of 1.43 and a quick ratio of 1.43.
Dunkin Brands Group declared that its Board of Directors has initiated a share buyback plan on Thursday, October 26th that authorizes the company to buyback $650.00 million in shares. This buyback authorization authorizes the restaurant operator to repurchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s board believes its shares are undervalued.
Several hedge funds and other institutional investors have recently modified their holdings of DNKN. Janus Henderson Group PLC bought a new position in shares of Dunkin Brands Group during the second quarter valued at $474,315,000. Vaughan Nelson Investment Management L.P. bought a new position in shares of Dunkin Brands Group during the third quarter valued at $43,085,000. HS Management Partners LLC bought a new position in shares of Dunkin Brands Group during the third quarter valued at $17,590,000. State of New Jersey Common Pension Fund D lifted its holdings in shares of Dunkin Brands Group by 60.0% during the third quarter. State of New Jersey Common Pension Fund D now owns 640,000 shares of the restaurant operator’s stock valued at $33,971,000 after acquiring an additional 240,000 shares during the period. Finally, Balyasny Asset Management LLC lifted its holdings in shares of Dunkin Brands Group by 377.1% during the second quarter. Balyasny Asset Management LLC now owns 294,753 shares of the restaurant operator’s stock valued at $16,247,000 after acquiring an additional 232,968 shares during the period. 90.68% of the stock is owned by institutional investors.
TRADEMARK VIOLATION WARNING: This piece was published by American Banking News and is the sole property of of American Banking News. If you are reading this piece on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2018/01/19/dunkin-brands-group-inc-dnkn-expected-to-announce-earnings-of-0-63-per-share.html.
Dunkin Brands Group Company Profile
Dunkin’ Brands Group, Inc is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Dunkin Brands Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dunkin Brands Group and related companies with MarketBeat.com's FREE daily email newsletter.