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Domino’s Pizza beats profit estimate but falls slightly shy of revenue view

Clyde Edgerton by Clyde Edgerton
April 27, 2023
in Markets
Domino’s Pizza beats profit estimate but falls slightly shy of revenue view
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Domino’s Pizza Inc. DPZ stock is up 1% in premarket trades after the pizza maker topped first-quarter earnings and fell just shy of its revenue forecast from analysts. Domino’s said its first-quarter profit climbed 10% to $104.8 million, or $2.93 a share, ahead of the analyst estimate of $2.72 a share, according to estimates compiled by FactSet. Domino’s year-ago first-quarter profit was $90.7 million, or $2.50 a share. Domino’s said its first-quarter revenue increased fractionally to $1.02 billion from $1.01 billion in the year-ago quarter. The latest figure missed the analyst revenue estimate of $1.04 billion. “Our…



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