Dine Brands: 4Q Earnings Snapshot
GLENDALE, Calif. (AP) _ Dine Brands Global Inc. (DIN) on Thursday reported fourth-quarter earnings of $27 million.
On a per-share basis, the Glendale, California-based company said it had net income of $1.47. Earnings, adjusted for one-time gains and costs, came to $1.70 per share.
The parent company of Applebee’s and IHOP restaurants posted revenue of $214.2 million in the period.
For the year, the company reported net income of $80.4 million, or $4.37 per share, swinging to a profit in the period. Revenue was reported as $780.9 million.
Dine Brands expects full-year earnings in the range of $6.90 to $7.20 per share.
Dine Brands shares have increased 31 percent since the beginning of the year. The stock has increased 40 percent in the last 12 months.