Domino's Pizza posts 1Q profit, results beat Wall Street forecasts

MarketsAssociated Press

Domino's Pizza Inc. (DPZ) on Thursday reported first-quarter earnings of $46.3 million.

The Ann Arbor, Michigan-based company said it had profit of 81 cents per share.

Continue Reading Below

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share.

The pizza chain posted revenue of $502 million in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $488.3 million.

Domino's Pizza shares have climbed 6 percent since the beginning of the year. The stock has climbed 32 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DPZ at http://www.zacks.com/ap/DPZ

_____

Keywords: Domino's Pizza, Earnings Report