Denny's (DENN) Releases Quarterly Earnings Results, Beats Estimates By $0.03 EPS
Denny's (NASDAQ:DENN) issued its quarterly earnings data on Tuesday. The restaurant operator reported $0.18 EPS for the quarter, beating the consensus estimate of $0.15 by $0.03, Bloomberg Earnings reports. Denny's had a net margin of 7.21% and a negative return on equity of 52.30%.
Denny's (DENN) opened at $14.49 on Wednesday. Denny's has a one year low of $10.87 and a one year high of $15.56. The stock has a market cap of $949.86, a PE ratio of 27.87 and a beta of 0.67. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of -2.95.
In other Denny's news, VP Pelt Jill A. Van sold 21,200 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $13.05, for a total value of $276,660.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP F Mark Wolfinger sold 15,000 shares of the company’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $13.44, for a total transaction of $201,600.00. Following the completion of the sale, the executive vice president now owns 682,697 shares in the company, valued at approximately $9,175,447.68. The disclosure for this sale can be found here. Over the last three months, insiders sold 118,620 shares of company stock valued at $1,540,087. 5.20% of the stock is owned by insiders.
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Denny's Company Profile
Denny’s Corporation (Denny’s) operates a franchised full-service restaurant chain. The Company, through its subsidiary, Denny’s, Inc, owns and operates the Denny’s brand. As of December 28, 2016, the Denny’s brand consisted of 1,733 franchised, licensed and Company-operated restaurants around the world, including 1,610 restaurants in the United States and 123 international locations.
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