Denny’s Corp Fourth Quarter Earnings Sneak Peek

Wall St. Cheat Sheet

Denny’s Corp will unveil its latest earnings on Wednesday, February 15, 2012. Denny’s operates a family-style restaurant chains in America. The company, through its wholly-owned subsidiaries, Denny’s Holdings and Denny’s, owns and operates the Denny’s restaurant brand.

Denny’s Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 8 cents per share, no change from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged. It also has not changed during the last month. Analysts are projecting profit to rise by 14.3% compared to last year’s 32 cents.

Past Earnings Performance: The company has fallen in line with estimates the last two quarters. In the third quarter, it reported net income of 10 cents per share and two quarters ago booked profit of 8 cents.

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Wall St. Revenue Expectations: Analysts are projecting a decline of 3.3% in revenue from the year-earlier quarter to $131.3 million.

Analyst Ratings: Analysts are bullish on this stock, with six analysts rating it as a buy, none rating it as a sell and none rating it as a hold.

A Look Back: In the third quarter, profit fell 19.6% to $8 million (8 cents a share) from $9.9 million (10 cents a share) the year earlier, meeting analyst expectations. Revenue fell 2.3% to $136.7 million from $139.9 million.

Key Stats:

Although the company has been profitable for the last eight quarters, income has dropped year-over-year by an average of 16.4% over the past four quarters. The quarter hit the hardest was the fourth quarter of the last fiscal year, which saw a slide of an 84.7%.

Revenue fell in the third quarter after seeing a rise the quarter before. In the second quarter, revenue rose 0.6%.

Stock Price Performance: Between December 12, 2011 and February 9, 2012, the stock price had risen $1.18 (36%), from $3.28 to $4.46. The stock price saw one of its best stretches over the last year between December 12, 2011 and December 21, 2011, when shares rose for eight straight days, increasing 21.3% (+70 cents) over that span. It saw one of its worst periods between December 23, 2011 and December 30, 2011 when shares fell for five straight days, dropping 5.8% (-23 cents) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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