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UPDATE: DineEquity Posts Upbeat Q4 Profit, Declares Dividend

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DineEquity (NYSE: DIN) reported a drop in its fourth-quarter profit.

DineEquity's quarterly profit declined to $18.8 million, or $0.97 per share, versus $28.6 million, or $1.51 per share, in the year-ago period. Its adjusted earnings came in at $0.83 per share.

Its revenue dropped to $158.6 million from $242.2 million. However, analysts were expecting earnings of $0.78 per share.

DineEquity declared a Q1 cash dividend of $0.75 per share.

DineEquity shares closed at $72.28 yesterday.

Posted-In: profitEarnings News Dividends

 

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