Applebee's® Presents Top Honors at 2017 Fall Franchise Conference
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DineEquity (DIN) Tops Q3 EPS by 1c; Raises Applebee's SSS View
November 9, 2017 8:04 AM ESTDineEquity (NYSE: DIN) reported Q3 EPS of $0.91, $0.01 better than the analyst estimate of $0.90. Revenue for the quarter came in at $144.67 million versus the consensus estimate of $146.92 million.
GAAP net loss available to common stockholders was $443.2 million, or net loss per diluted share of $24.98 for the third quarter of 2017. This compares to net income available to common stockholders of $23.9 million, or earnings per diluted share of $1.33, for the third quarter of fiscal 2016. The net loss was primarily due to non-cash impairment charges totaling $531.6 million related to the write-downs of Applebee\'s goodwill and... More