Denny’s Completes Refinancing Of Credit Facility; Relaunches Share Buyback
Restaurant chain operator Denny’s Corp (NASDAQ:DENN) said it has refinanced its amended and restated $350 million revolving credit facility to a new…
Wedbush Maintains Outperform on Denny’s, Lowers Price Target to $21
Wedbush analyst Nick Setyan maintains Denny's (NASDAQ:DENN) with a Outperform and lowers the price target from $22 to $21.
Looking into Denny’s’s Return on Capital Employed
After pulling data from Benzinga Pro it seems like during Q2, Denny's (NASDAQ:DENN) earned $18.29 million, a 231.61% increase from the preceding quarter. Denny's also posted a total of $106.17 million in sales, a 31.76% increase since Q1.
Denny’s: Q2 Earnings Insights
Shares of Denny's (NASDAQ:DENN) moved higher in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 172.00% over the past year to $0.18, which beat the estimate of $0.11.
Denny’s Q2 Adj. EPS $0.18 Beats $0.11 Estimate, Sales $106.20M Beat $98.12M Estimate
Denny's (NASDAQ:DENN) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.11 by 63.64 percent. This is a 172 percent increase over losses of $(0.25) per share from the same
Earnings Scheduled For August 3, 2021
Companies Reporting Before The Bell
• Myriad Genetics (NASDAQ:MYGN) is likely to report earnings for its fourth quarter.
• Stellantis (NYSE:STLA) is expected to report earnings for its second quarter.
Earnings Scheduled For May 4, 2021
Companies Reporting Before The Bell
• Lancaster Colony (NASDAQ:LANC) is likely to report quarterly earnings at $1.24 per share on revenue of $340.02 million.
7 Kentucky Derby Horses This Year With Stock Market Ties
The 147th running of the Kentucky Derby will take place today. The race will feature 19 horses as of writing that will compete in the longest-running annual sporting event in the United States.