The $0.15 EPS Expected for Denny’s Co. (DENN) This Quarter

The $0.15 EPS Expected for Denny’s Co. (DENN) This Quarter

On average, analysts expect that Denny's Co. will report full year earnings of $0.56 per share for the current fiscal year. For the next fiscal year, analysts anticipate that the business will report earnings of $0.62 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research firms that that provide coverage for Denny's Co..

Brokerages expect Denny's Co. (NASDAQ:DENN) to report earnings of $0.15 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Denny's Co.’s earnings. Denny's Co. reported earnings per share of $0.13 during the same quarter last year, which would indicate a positive year over year growth rate of 15.4%. The firm is expected to issue its next earnings results on Wednesday, August 2nd.

Denny's Co. (NASDAQ:DENN) last posted its quarterly earnings data on Tuesday, May 2nd. The restaurant operator reported $0.12 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.01. Denny's Co. had a net margin of 3.37% and a negative return on equity of 68.96%. The business had revenue of $127.91 million during the quarter, compared to analysts’ expectations of $128.55 million. A number of equities analysts have weighed in on the company. Nomura restated a “hold” rating and issued a $12.00 price target on shares of Denny's Co. in a report on Wednesday, May 3rd. Instinet reiterated a “neutral” rating and set a $12.00 target price (up from $11.00) on shares of Denny's Co. in a research note on Wednesday, May 3rd. Zacks Investment Research cut Denny's Co. from a “hold” rating to a “sell” rating in a research note on Monday, January 16th. Finally, Wedbush reiterated an “outperform” rating and set a $14.00 target price on shares of Denny's Co. in a research note on Thursday, February 16th.

Denny's Co. (NASDAQ:DENN) last posted its quarterly earnings data on Tuesday, May 2nd. The restaurant operator reported $0.12 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.01. Denny's Co. had a net margin of 3.37% and a negative return on equity of 68.96%. The business had revenue of $127.91 million during the quarter, compared to analysts’ expectations of $128.55 million. In other news, COO Christopher D. Bode sold 12,000 shares of the stock in a transaction that occurred on Thursday, March 2nd. The stock was sold at an average price of $12.64, for a total transaction of $151,680.00. Following the completion of the transaction, the chief operating officer now directly owns 43,108 shares in the company, valued at approximately $544,885.12. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 4.70% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC acquired a new position in Denny's Co. during the first quarter valued at approximately $119,000. Stevens Capital Management LP acquired a new position in Denny's Co. during the first quarter valued at approximately $127,000. Koch Industries Inc. acquired a new position in Denny's Co. during the first quarter valued at approximately $138,000. GW&K Investment Management LLC boosted its position in Denny's Co. by 15.0% in the first quarter. GW&K Investment Management LLC now owns 11,540 shares of the restaurant operator’s stock valued at $143,000 after buying an additional 1,505 shares during the period. Finally, Sawgrass Asset Management LLC acquired a new position in Denny's Co. during the first quarter valued at approximately $159,000. Institutional investors own 89.02% of the company’s stock. Denny's Co. (NASDAQ:DENN) opened at 11.58 on Tuesday. The stock has a market cap of $809.01 million, a price-to-earnings ratio of 51.24 and a beta of 0.45. The stock has a 50 day moving average of $12.32 and a 200 day moving average of $12.29. Denny's Co. has a 1-year low of $10.02 and a 1-year high of $14.25.

About Denny's Co. Denny’s Corporation (Denny’s) operates a franchised full-service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. As of December 28, 2016, the Denny’s brand consisted of 1,733 franchised, licensed and Company-operated restaurants around the world, including 1,610 restaurants in the United States and 123 international locations.

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