Domino’s Shares Fall 2.86% in Premarket Despite Strong Q3 Results
Domino’s reported third-quarter revenue of $1.186 billion and diluted EPS of $4.60, both above analysts’ estimates. Shares fell 2.86% to $302 in Tuesday premarket trading.
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Domino’s Q3 revenue and net income top estimates
Q3 revenue was USD 1,185.6 million versus an IBES estimate of USD 1,176 million. EPS was USD 4.6, net income was USD 152.2 million versus an IBES estimate of USD 144.7 million, and U.S. same-store sales grew 0.3%.
Earnings Volatility Watch: JPMorgan, Goldman Kick Off Q3 Season, But These 10 Stocks Are Priced For Bigger Swings
Third-quarter earnings season starts Tuesday with the largest U.S. banks. JPMorgan Chase & Co. (NYSE: JPM ), Goldman Sachs Group Inc. (NYSE: GS ), Citigroup Inc. (NYSE: C ) and Wells Fargo & Co. (NYSE: WFC ) report Oct. 13 before the open. Bank of America Corp. (NYSE: BAC ) and Morgan Stanley (NYSE: MS ) follow on Oct.