Dine Brands Global Reports Q4 EPS Beat While Revenues Miss
<p><a href='https://financialmodelingprep.com/financial-summary/DIN'>Dine Brands Global (NYSE:DIN)</a> reported its Q4 results last week, with EPS of $1.34 coming in better than the Street estimate of $1.26. Revenue was $208 million, missing the Street estimate of $214.4 million.</p>
<p>Inventors’ attention was firmly focused on the company’s full 2023-year guidance, which left a bit to be desired, on a couple of fronts. The initial adjusted EBITDA guidance range of $243-$255 million might have seemed solid, considering the Street estimate of approximately $250 million. </p>
<p>However, underneath the surface, items that investors likely took issue with were as follows: (1) the company completed its acquisition of Fuzzy's Taco's, which was not contemplated in pre-print Street estimates, but which is contemplated in the guidance, and (2) G&A and Capex were above expectations, and net unit growth was below.</p>

NYSE:DIN