Dunkin': 3Q Earnings Snapshot
Dunkin' Brands Group Inc. (DNKN) on Thursday reported third-quarter earnings of $66.1 million.
The Canton, Massachusetts-based company said it had profit of 79 cents per share. Earnings, adjusted for one-time gains and costs, came to 83 cents per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share.
The owner of the Dunkin' Donuts and Baskin-Robbin chains posted revenue of $350 million in the period, which also topped Street forecasts. Seven analysts surveyed by Zacks expected $344.2 million.
Dunkin' expects full-year earnings in the range of $2.80 to $2.82 per share.
Dunkin' shares have risen 9 percent since the beginning of the year. The stock has increased 26 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on DNKN at https://www.zacks.com/ap/DNKN