PASADENA, Calif. (AP) — PASADENA, Calif. (AP) — Dine Brands Global Inc. (DIN) on Wednesday reported third-quarter earnings of $18.5 million.
On a per-share basis, the Pasadena, California-based company said it had profit of $1.19. Earnings, adjusted for one-time gains and costs, came to $1.46 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.32 per share.
The parent company of Applebee’s and IHOP restaurants posted revenue of $202.6 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $202.5 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DIN at https://www.zacks.com/ap/DIN
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