Back to blog

Domino’s (NYSE: DPZ) Q3 earnings preview

The world's largest pizza chain Domino's Pizza (NYSE: DPZ) is set to announce its third-quarter 2021 financial results on Thursday, Oct. 14.

Domino’s (NYSE: DPZ) Q3 earnings preview

The world's largest pizza chain Domino's Pizza (NYSE: DPZ) is set to announce its third-quarter 2021 financial results on Thursday, Oct. 14. During the second quarter, Domino's global retail sales growth increased by 17.1% from the year prior.

A consensus of estimates for the upcoming Q3 2021 Domino’s results arrive at the following:

  • Revenue for the quarter of $1.03 billion

  • Earnings per share (EPS) for the quarter of $3.11

The $DPZ stock is currently supported at $465 and the resistance is around $505. Technically the overall momentum remains bearish. However, there is a possibility that Domino’s stock could slightly rebound if the company exceeds expectations. On the downside, a drop below $465 will invalidate the short-term bullish view.

ocado

$DPZ key technical levels to watch this week:

  • Support: $472 and $465

  • Resistance: $490 and $502

In the long term, watch for monthly closing above $505 or below $440 area, that will give a larger confirmation of direction in the long term.

Trading is risky and your entire investment may be at risk. Please ensure that you fully understand the risks involved.

Read more