Domino’s Q4 Revenue Growth Expected to 5.1% After 6.2% Q3 Surge
Domino’s beat last quarter revenue estimates with $1.15 billion, up 6.2% year-on-year, and outpaced EBITDA forecasts. Analysts project 5.1% revenue growth for Q4, and the share price has declined 6.1% over the past month against an average $482.97 price target.
1. Last Quarter Performance
Domino’s reported Q3 revenues of $1.15 billion, up 6.2% year-on-year, and delivered an EBITDA result above analysts’ estimates, marking a strong performance. The company’s narrow revenue beat contrasts with multiple estimate misses over the past two years.
2. Q4 Revenue Expectations
For Q4, revenue growth of 5.1% year-on-year is anticipated, improving from a 2.9% increase a year earlier. Analyst estimates have held steady over the last 30 days, though potential trade policy shifts and corporate tax debates introduce uncertainty.
3. Stock Performance and Analyst Outlook
Domino’s shares have fallen 6.1% over the past month, underperforming the broader fast-food group’s 3.2% decline. The stock trades below an average analyst price target of $482.97, suggesting room for upside if earnings meet projections.