DineEquity Beats On EPS, Revs Down
Posted on March 05, 2012 at 08:25 AM EST
DineEquity Inc.(NYSE:DIN) reported fourth quarter 2011 adjusted earnings of 91 cents per share, surpassing the Zacks Consensus Estimate of 85 cents as well as the prior-year earnings of 59 cents per share. In 2011, adjusted earnings were $4.29 per share versus $3.50 in the prior year.   Revenues in the reported quarter plunged 19.3% year [...]

DineEquity Inc.(NYSE:DIN) reported fourth quarter 2011 adjusted earnings of 91 cents per share, surpassing the Zacks Consensus Estimate of 85 cents as well as the prior-year earnings of 59 cents per share. In 2011, adjusted earnings were $4.29 per share versus $3.50 in the prior year.
 
Revenues in the reported quarter plunged 19.3% year over year to $242.3 million. In fiscal 2011, revenue increased 24.0% year over year to $1.08 billion.
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