Equities analysts expect Dunkin Brands Group Inc (NASDAQ:DNKN) to announce $0.63 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Six analysts have provided estimates for Dunkin Brands Group’s earnings. The lowest EPS estimate is $0.61 and the highest is $0.65. Dunkin Brands Group posted earnings per share of $0.64 during the same quarter last year, which suggests a negative year over year growth rate of 1.6%. The company is scheduled to issue its next earnings results before the market opens on Tuesday, February 6th.
On average, analysts expect that Dunkin Brands Group will report full-year earnings of $2.42 per share for the current fiscal year, with EPS estimates ranging from $2.40 to $2.44. For the next year, analysts anticipate that the firm will post earnings of $2.77 per share, with EPS estimates ranging from $2.55 to $3.17. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Dunkin Brands Group.
Dunkin Brands Group (NASDAQ:DNKN) last posted its quarterly earnings results on Thursday, October 26th. The restaurant operator reported $0.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.02). The company had revenue of $224.20 million during the quarter, compared to analysts’ expectations of $214.60 million. Dunkin Brands Group had a negative return on equity of 140.12% and a net margin of 24.91%. Dunkin Brands Group’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period last year, the company earned $0.60 earnings per share.
A number of institutional investors and hedge funds have recently modified their holdings of DNKN. Janus Henderson Group PLC bought a new position in Dunkin Brands Group during the second quarter valued at approximately $474,315,000. Vaughan Nelson Investment Management L.P. acquired a new position in Dunkin Brands Group during the third quarter valued at approximately $43,085,000. HS Management Partners LLC acquired a new position in Dunkin Brands Group during the third quarter valued at approximately $17,590,000. State of New Jersey Common Pension Fund D grew its holdings in 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 purchasing an additional 240,000 shares during the last quarter. Finally, Balyasny Asset Management LLC grew its holdings in 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 purchasing an additional 232,968 shares during the last quarter. 90.70% of the stock is currently owned by hedge funds and other institutional investors.
Dunkin Brands Group (NASDAQ DNKN) traded up $0.20 during midday trading on Friday, hitting $64.76. 799,082 shares of the stock were exchanged, compared to its average volume of 727,546. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of -13.82. The stock has a market capitalization of $5,850.00, a price-to-earnings ratio of 28.28, a price-to-earnings-growth ratio of 1.60 and a beta of 0.30. Dunkin Brands Group has a 1-year low of $50.54 and a 1-year high of $66.44.
Dunkin Brands Group declared that its Board of Directors has authorized a stock repurchase plan on Thursday, October 26th that allows the company to buyback $650.00 million in outstanding shares. This buyback authorization allows the restaurant operator to buy 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.
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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.
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