$0.48 Earnings Per Share Expected for Dunkin Brands Group Inc (NASDAQ:DNKN) This Quarter

Brokerages forecast that Dunkin Brands Group Inc (NASDAQ:DNKN) will announce earnings of $0.48 per share for the current quarter, according to Zacks. Eight analysts have issued estimates for Dunkin Brands Group’s earnings, with estimates ranging from $0.36 to $0.58. Dunkin Brands Group posted earnings per share of $0.86 in the same quarter last year, which would suggest a negative year over year growth rate of 44.2%. The company is expected to announce its next quarterly earnings report on Thursday, August 6th.

On average, analysts expect that Dunkin Brands Group will report full year earnings of $2.58 per share for the current fiscal year, with EPS estimates ranging from $2.04 to $2.84. For the next year, analysts expect that the firm will report earnings of $3.07 per share, with EPS estimates ranging from $2.62 to $3.27. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for Dunkin Brands Group.

Dunkin Brands Group (NASDAQ:DNKN) last announced its quarterly earnings data on Thursday, April 30th. The restaurant operator reported $0.67 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.62 by $0.05. The firm had revenue of $323.10 million for the quarter, compared to analysts’ expectations of $300.49 million. Dunkin Brands Group had a negative return on equity of 42.33% and a net margin of 17.59%. The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period last year, the business posted $0.67 earnings per share.

A number of research firms recently issued reports on DNKN. Wedbush lifted their target price on Dunkin Brands Group from $60.00 to $63.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Oppenheimer reiterated a “hold” rating on shares of Dunkin Brands Group in a research report on Friday, May 1st. Royal Bank of Canada increased their price target on Dunkin Brands Group from $60.00 to $68.00 and gave the company a “sector perform” rating in a research report on Friday, May 1st. William Blair reiterated a “buy” rating on shares of Dunkin Brands Group in a research report on Thursday, June 4th. Finally, Jefferies Financial Group increased their price target on Dunkin Brands Group from $50.00 to $60.00 and gave the company a “hold” rating in a research report on Wednesday, April 22nd. Eighteen research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Dunkin Brands Group currently has an average rating of “Hold” and a consensus price target of $73.24.

Shares of DNKN opened at $65.50 on Wednesday. The firm has a market capitalization of $5.38 billion, a price-to-earnings ratio of 22.66, a price-to-earnings-growth ratio of 2.58 and a beta of 0.90. Dunkin Brands Group has a one year low of $38.51 and a one year high of $84.74. The stock’s fifty day moving average is $65.01 and its 200-day moving average is $66.64.

In related news, CFO Katherine D. Jaspon sold 7,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $66.00, for a total value of $462,000.00. Following the transaction, the chief financial officer now directly owns 12,730 shares of the company’s stock, valued at approximately $840,180. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.80% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp increased its position in Dunkin Brands Group by 2.1% in the 1st quarter. State Street Corp now owns 1,974,394 shares of the restaurant operator’s stock worth $104,840,000 after buying an additional 41,119 shares during the period. New Mexico Educational Retirement Board increased its position in Dunkin Brands Group by 37.8% in the 1st quarter. New Mexico Educational Retirement Board now owns 19,700 shares of the restaurant operator’s stock worth $1,046,000 after buying an additional 5,400 shares during the period. Coastline Trust Co increased its position in shares of Dunkin Brands Group by 0.6% during the first quarter. Coastline Trust Co now owns 24,270 shares of the restaurant operator’s stock valued at $1,289,000 after purchasing an additional 150 shares during the period. Optimal Asset Management Inc. bought a new stake in shares of Dunkin Brands Group during the first quarter valued at approximately $351,000. Finally, State of Tennessee Treasury Department increased its position in shares of Dunkin Brands Group by 10.3% during the first quarter. State of Tennessee Treasury Department now owns 33,146 shares of the restaurant operator’s stock valued at $1,760,000 after purchasing an additional 3,100 shares during the period. 86.53% of the stock is currently owned by institutional investors.

About Dunkin Brands Group

Dunkin' Brands Group, Inc, together with its subsidiaries, develops, franchises, and licenses quick service restaurants worldwide. The company operates through five segments: Dunkin' U.S., Dunkin' International, Baskin-Robbins International, Baskin-Robbins U.S., and U.S. Advertising Funds.

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Earnings History and Estimates for Dunkin Brands Group (NASDAQ:DNKN)

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