Investing.com - Denny’s reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Denny’s announced earnings per share of $0.12 on revenue of $117.5M. Analysts polled by Investing.com anticipated EPS of $0.14 on revenue of $113.47M.
Denny’s shares are down 58% from the beginning of the year, still down 35.52% from its 52 week high of $17.40 set on November 5, 2021.
Denny’s shares gained 1.78% in after-hours trade following the report.
Denny’s follows other major Consumer Discretionary sector earnings this month
Denny’s's report follows an earnings beat by Amazon.com on Thursday, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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