Denny's Corp. said its normalized net income for the fiscal first quarter ended April 1 amounted to 10 cents per share, compared with the S&P Capital IQ consensus estimate of 9 cents per share.
EPS rose 54.4% year over year from 7 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $8.8 million, an increase of 48.7% from $5.9 million in the first quarter ended March 26, 2014.
The normalized profit margin climbed to 7.2% from 5.3% in the year-earlier period.
Total revenue increased 7.4% year over year to $120.2 million from $111.9 million, and total operating expenses climbed on an annual basis to $104.2 million from $100.2 million.
Reported net income grew 37.6% year over year to $8.7 million, or 10 cents per share, from $6.4 million, or 7 cents per share.
