Wall Street analysts forecast that Domino's Pizza (DPZ) will report quarterly earnings of $4.33 per share in its upcoming release, pointing to a year-over-year increase of 6.1%. It is anticipated that revenues will amount to $1.17 billion, exhibiting an increase of 1.6% compared to the year-ago quarter.
Over the last 30 days, there has been an upward revision of 1.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
Given this perspective, it's time to examine the average forecasts of specific Domino's Pizza metrics that are routinely monitored and predicted by Wall Street analysts.
It is projected by analysts that the 'Revenues- U.S. franchise advertising' will reach $132.10 million. The estimate suggests a change of +0.4% year over year.
The consensus estimate for 'Revenues- U.S. Company-owned stores' stands at $64.40 million. The estimate points to a change of -22.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenues- Supply chain' should arrive at $725.99 million. The estimate suggests a change of +4.2% year over year.
According to the collective judgment of analysts, 'Revenues- International franchise royalties and fees' should come in at $78.51 million. The estimate points to a change of -0.1% from the year-ago quarter.
Analysts forecast 'Store counts - Total U.S. Stores' to reach 7,263 . Compared to the current estimate, the company reported 7,090 in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Same store sales growth - U.S. stores' will likely reach 1.1%. The estimate compares to the year-ago value of 5.2%.
The consensus among analysts is that 'Store counts - Total' will reach 22,740 . Compared to the present estimate, the company reported 21,750 in the same quarter last year.
The collective assessment of analysts points to an estimated 'Store counts - International Stores' of 15,477 . Compared to the present estimate, the company reported 14,660 in the same quarter last year.
The average prediction of analysts places 'Store counts - U.S. Franchise Stores' at 7,075 . The estimate compares to the year-ago value of 6,830 .
Analysts expect 'Store counts - U.S. Company-owned Stores' to come in at 188 . Compared to the current estimate, the company reported 260 in the same quarter of the previous year.
Analysts' assessment points toward 'Store counts - Opened - International Stores' reaching 217 . Compared to the present estimate, the company reported 220 in the same quarter last year.
Analysts predict that the 'Store counts - Opened - Total U.S. stores' will reach 33 . The estimate compares to the year-ago value of 30 .
View all Key Company Metrics for Domino's Pizza here>>>Shares of Domino's Pizza have experienced a change of -5.7% in the past month compared to the +1.4% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), DPZ is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Domino's Pizza Inc (DPZ): Free Stock Analysis Report
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