Courtesy of Benzinga.
On Thursday, analysts at Miller Tabak commented on Dunkin Brands Group Inc (NASDAQ: DNKN) following the company's earnings report. Miller Tabak currently has a Buy rating and $55 price target on shares of Dunkin Brands.
For Q3 2014, Dunkin Brands reported EPS of $0.49 on revenues of $192.6 million.
Stephen Anderson finds that Dunkin was able to post better-than-expected EPS due to a mix of more aggressive buybacks and tighter controls on costs.
"We think a mix of above-peer same-restaurant sales growth, a solid new unit pipeline, a pullback in dairy prices that we think will boost overseas margins, and share buybacks will support EPS growth above long term guidance in the 2015 – 2016 period."
Shares of Dunkin Brands recently traded at $44.25, down 5.4 percent.
Latest Ratings for DNKN
Date | Firm | Action | From | To |
---|---|---|---|---|
Oct 2014 | Jefferies | Downgrades | Buy | Hold |
Sep 2014 | Barclays | Maintains | Overweight | |
Aug 2014 | Barclays | Upgrades | Equal-weight | Overweight |
View More Analyst Ratings for DNKN
View the Latest Analyst Ratings
Posted-In: Miller Tabak Stephen AndersonAnalyst Color Earnings News Price Target Analyst Ratings