Domino's stock falls despite 3Q sales growth

The pizza company are integrating strands from rival franchises Subway Mc Donalds and Hungry Jacks to increase their operations to a full-day experience

Domino's Pizza, Inc. Earnings Ahead: Quick Glance

The Company's gas and oil assets and activities are primarily in Colombia and in the onshore Gulf Coast region, particularly Texas and Louisiana. During the same quarter in the previous year, the firm earned $0.96 earnings per share. The Company, along with its partners, manages its resources through acquisitions and divestitures.

"I think there was growing expectations of a strong quarter, particularly in light of the much-better-than-expected results reported.by the UK-based master franchisee", Maxim Group analyst Stephen Anderson said.

The company's bottom line was helped by the adoption of new accounting guidance that lowered the third quarter's provision for income taxes and boosted earnings per share by 7 cents to $1.27 on revenue of $643.6 million.

While considering EPS estimates of the company, it has next quarter growth estimates of 1.96 whereas during current year it has 5.7 estimations over growth, comparing to the estimations of 6.78 during next year.

In an analyst note revealed to investors this morning, Credit Suisse reconfirmed their Outperform rating on Domino's Pizza Group (LON:DOM) shares. Peel Hunt maintained the stock with "Add" rating in Wednesday, October 12 report. BlackRock Inc. increased its holdings in shares of Domino's Pizza by 0.5% in the second quarter. Two Sigma Securities Llc owns 58,868 shares or 0.01% of their USA portfolio. Barclays Capital maintained Domino's Pizza Group PLC. Finally, Domino's Pizza, Inc.'s return on investment stands at 106.30% when you divide the shareholder's return by the cost.

The stock decreased 0.10% or $0.2 during the last trading session, hitting $211.84. (LON:DOM) has 0.00% since October 11, 2016 and is.

Domino's Pizza Inc (NYSE:DPZ) announced its earnings results on Thursday. Therefore 42% are positive. They set a "neutral" rating and a $200.00 price target on the stock. GBX 342's average target is 2.09% above currents GBX 335 stock price. Credit Suisse maintained it with "Outperform" rating and GBX 265 target in Tuesday, October 10 report. (LON:DOM) rating on Wednesday, August 30. Numis Securities has "Buy" rating and $1000 target. Stifel Nicolaus started covering the stock with an initial rating of "Buy". The firm has "Hold" rating given on Friday, August 25 by Argus Research. The firm has "Neutral" rating given on Monday, July 27 by Citigroup. (DPZ). Trading was heavy with 1,828,467 shares changing hands by the end of trading on Monday. (LON:DOM) has "Hold" rating given on Wednesday, August 19 by N+1 Singer.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Florida business groups to Trump: Back off plans to kill NAFTA
Here's Linkin Park's "Carpool Karaoke" Episode