Dunkin' Brands Group Inc. said its normalized net income for the fiscal first quarter ended April 1 amounted to 45 cents per share, compared with the S&P Capital IQ consensus estimate of 48 cents per share.
EPS rose 13.6% year over year from 40 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $41.9 million, an increase of 14.2% from $36.6 million in the first quarter ended March 26, 2016.
The normalized profit margin rose to 22.0% from 19.3% in the year-earlier period.
Total revenue came to $190.7 million, compared with $189.8 million in the prior-year period, and total operating expenses declined 6.3% year over year to $102.2 million from $109.0 million.
Reported net income rose 28.2% year over year to $47.5 million, or 51 cents per share, from $37.0 million, or 40 cents per share.