Street Expectation From Dunkin' Brands Group, Inc. ($DNKN) 3Q20 Earnings?

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Dunkin' Brands Group, Inc. (NASDAQ:DNKN) is reporting third quarter earnings results on Thursday 29th October 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.80 per share.

For the full year, analysts predict revenues of $ 1289.86 million, while looking forward to income of $ 2.69 per share.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 3.16 ~ $ 3.21 per share

Click Here For More Historical Outlooks Of Dunkin' Brands Group, Inc.

Previous Quarter Performance

Dunkin' Brands Group, Inc. came out with income for the second quarter of $ 0.49 per share, from the revenue of $ 287.38 million. The quarterly earnings fell 43.02 percent while revenues dropped 20.03 percent compared with the same quarter last year.
According to street consensus, DNKN was expected to report 2Q20 income of $ 0.48 per share from revenue of $ 277.44 million. The bottom line results beat street analysts by $ 0.01 or 2.08 percent, at the same time, top line results outshined analysts by $ 9.94 million or 3.58 percent.

Stock Performance

Shares of Dunkin' Brands Group, Inc. traded low $ -2.67 or -2.58 percent on Wednesday, reaching $ 100.73 with volume of 3.40 million shares. Dunkin' Brands Group, Inc. has traded high as $ 102.62 and has cracked $ 100.29 on the downward trend

According to the previous trading day, closing price of $ 100.73, representing a 168.50 % increase from the 52 week low of $ 38.51 and a 1.4 % decrease over the 52 week high of $ 104.87.

The company has a market capital of $ 8.29 billion and is part of the Consumer Cyclical sector and Restaurants industry.

Recent Stock Dividend Announcement

On July 30, 2020, the board of directors authorized quarterly dividend of $ 0.4025 per share to holders of record as of the close of business on September 1, 2020, with payment date of September 9, 2020 and ex-dividend date on August 31, 2020.

Conference Call

Dunkin' Brands Group, Inc. will be hosting a conference call at 7:00 AM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.dunkinbrands.com

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.