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DineEquity Inc
DIN swung to a fourth-quarter profit. DineEquity's system-wide domestic same-restaurant sales climbed 1%.
DineEquity posted its quarterly profit at $28.6 million, versus a year-ago loss of $50.8 million. Its per-share profit came in at $1.51, versus a year-ago loss of $3.33. Excluding one-time items, the company's profit came in at $0.91 per share.
DineEquity's revenue dropped 19% to $242.2 million. However, analysts were expecting earnings of $0.85 per share on $242.3 million in revenue.
DineEquity shares gained 0.22% to $53.50 in pre-market trading.
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