Dunkin Brands Group Inc (DNKN) Updates FY12 Earnings Guidance
Dunkin Brands Group Inc (DNKN) issued an update on its FY12 earnings guidance on Thursday morning. The company provided earnings per share guidance of $1.25-1.27 for the period.
Dunkin Brands Group Inc (DNKN) traded up 1.82% on Thursday, hitting $31.37. Dunkin Brands Group Inc (DNKN) has a 1-year low of $23.24 and a 1-year high of $37.02. The company has a market cap of $3.780 billion and a price-to-earnings ratio of 77.22.
Dunkin Brands Group last released its earnings data on Thursday, October 25th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.35 by $0.02. The company’s revenue for the quarter was up 5.0% on a year-over-year basis. On average, analysts predict that Dunkin Brands Group Inc (DNKN) will post $1.26 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on DNKN shares. Analysts at Miller Tabak initiated coverage on shares of Dunkin Brands Group in a research note to investors on Tuesday. They set a hold rating and a $34.00 price target on the stock. They noted that the move was a valuation call. On a related note, analysts at Wells Fargo & Co. reiterated an outperform rating on shares of Dunkin Brands Group in a research note to investors on Monday. They now have a $35.00 price target on the stock, down previously from $37.00. Finally, analysts at Wells Fargo & Co. initiated coverage on shares of Dunkin Brands Group in a research note to investors on Thursday, September 20th. They set an outperform rating on the stock.
Dunkin’ Brands Group, Inc. (DBGI) is a franchisor of restaurants serving coffee and baked goods, as well as ice cream within the quick service restaurant segment of the restaurant industry.
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