Domino's Pizza Jumps More Than 7% After Earnings

Shares of Domino's Pizza DPZ are sharply higher on Tuesday after the company released its third-quarter earnings results prior to the opening bell. At last check, the stock had risen around 7 percent to $40.99. In 2012, DPZ has climbed around 21 percent, with shares surging in recent months. Net income in the period rose to $25.98 million or $0.44 per share, from $22.09 million or $0.36 per share, in the year ago period. Adjusted earnings per share were $0.43. This came in ahead of Wall Street analysts consensus EPS estimates of $0.41. Revenues in the third-quarter rose 0.5 percent to $378.08 million. This also exceeded Wall Street consensus revenue estimates of $374.60 million. Domestic same-store sales rose 3.3 percent in the quarter while international sales climbed 5 percent.