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Dine Brands CEO John Peyton details the promotional deals offered by the company's restaurants that are driving traffic and growth amid the country's challenging economy

Dine Brands Global, Inc. (NYSE:DIN ) Q1 2024 Results Conference Call May 8, 2024 9:00 AM ET Company Participants Matt Lee - SVP, Finance and IR John Peyton - CEO Vance Chang - CFO Tony Moralejo - President, Applebee's Jay Johns - President, IHOP Conference Call Participants Eric Gonzalez - KeyBanc Nick Setyan - Wedbush Dennis Geiger - UBS Todd Brooks - The Benchmark Company Brian Vaccaro - Raymond James Operator Good day, and thank you for standing by. Welcome to the Dine Brands First Quarter Earnings Conference Call.

Although the revenue and EPS for Dine Brands (DIN) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Dine Brands (DIN) came out with quarterly earnings of $1.33 per share, missing the Zacks Consensus Estimate of $1.59 per share. This compares to earnings of $1.97 per share a year ago.

Shares of Dine Brands Global Inc. DIN slumped 1.3% in premarket trading Wednesday, after the parent of the Applebee's and IHOP restaurant chains reported first-quarter profit and sales that fell more than expected, as consumers continue to pullback on spending. Net income fell to $17 million, or $1.13 a share, from $26.7 million, or $1.74 a share, in the same period a year ago.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Dine Brands (DIN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Dine Brands (DIN) fourth-quarter fiscal 2023 bottom line is aided by a boost in segment profit, as well as a reduction in general and administrative expenses.

Although the revenue and EPS for Dine Brands (DIN) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Besides Wall Street's top -and-bottom-line estimates for Dine Brands (DIN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.