PASADENA, Calif. (AP) — PASADENA, Calif. (AP) — Dine Brands Global Inc. (DIN) on Wednesday reported third-quarter earnings of $19.1 million.
On a per-share basis, the Pasadena, California-based company said it had net income of $1.24. Earnings, adjusted for amortization costs and non-recurring costs, were $1.44 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
The parent company of Applebee’s and IHOP restaurants posted revenue of $195 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $198.9 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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