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Will Domino’s Pizza’s Q1 Earnings Boost Its Stock Price?

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Apr. 17 2019, Updated 3:05 p.m. ET

Stock performance

Domino’s Pizza (DPZ) will announce its first-quarter earnings results before the market opens on April 24.

On April 16, the company was trading at a stock price of $255.34, a fall of 8.3% since its announcement of its fourth-quarter earnings results on February 21.

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In the fourth quarter, Domino’s Pizza posted adjusted EPS of $2.62 on revenue of $1.08 billion, which fell short of analysts’ consensus expectation of EPS of $2.69 on revenue of $1.10 billion. The company’s SSSG (same-store sales growth) in both US and international markets came in lower than analysts’ expectations. The company’s management blamed the decline in its SSSG on its shifting of New Year’s Eve to the first quarter and its aggressive opening of new restaurants in existing markets to reduce delivery times. The company’s weak fourth-quarter results led to a fall in its stock price.

Year-to-date performance

This year has been a tough one for Domino’s Pizza. The company has returned 3.0% YTD (year-to-date), while the S&P 500 Index and the Consumer Discretionary Select Sector SPDR ETF (XLY) have returned 16.0% and 20.3%, respectively, YTD. Domino’s peers Papa John’s (PZZA) and Yum! Brands (YUM) have returned 22.6% and 10.2%, respectively, YTD.

Series overview

Now that Domino’s Pizza’s first-quarter earnings are around the corner, let’s look at analysts’ revenue and EPS expectations for the company. We’ll also cover analysts’ expectations for Domino’s in 2019. Finally, we’ll look at analysts’ recommendations and the company’s valuation.

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