Domino’s Expects $2.66/share on $1.09 Bn in Revenue

It is also the seventh-largest fast food restaurant chain by number of locations in the world running around 15,000 outlets in over 85 locations globally.
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One of the largest pizza chain Domino’s is scheduled to release its earnings before Thursday open.

According to the media report, the stock hit a record high of $305.34/share in 2018 and is currently trading near $282.

The stock is prone to big moves after reporting earnings and can easily gap up if the numbers are strong. Conversely, if the numbers disappoint, the stock can easily gap down.

The pizza chain is expected to report $2.66/share on $1.09 billion in revenue. Meanwhile, the so-called Whisper number is $2.72. The Whisper number is the Street's unofficial view on earnings, reported Forbes.

Founded in 1960, the American pizza chain became the largest pizza seller worldwide in terms of sales in February 2018.

It is also the seventh-largest fast food restaurant chain by number of locations in the world running around 15,000 outlets in over 85 locations globally.

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