Domino's Pizza Reports Earnings on Tuesday (7/27)

Domino's Pizza, Inc. (NYSE:DPZ)

Domino's Pizza, Inc. (NYSE:DPZ) shares are already up 63% in 2010 but can they keep the momentum and beat the average Street estimate of 28 cents per share?

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dpzDomino's founded as a single store in 1960, we get ready for the company to kick off its Q2 2010 Earnings Conference Call tomorrow morning at (7/27/10) at 11:00 a.m.

Over the past 12 months Domino's Pizza Inc (DPZ) shares have traded between $7.09 and its 52-week high of $16.32.  Domino's Pizza Inc shares are now trading with a P/E Ratio of 9.6 and EPS of 1.38.  Domino's Pizza market cap is $802.9 million and its shares have moved up 47.83% from its 52-week low.  DPZ shares closed the day at $13.59, up 2.95% or $0.39 and volume finished at 1,433,616 shares traded.

Since April 27th Domino's shares have pulled back 16% and the company is going to have to beat the Street to propel its shares past the $13 range.

WallStCheatSheet.com notes the following on DPZ:
After hitting highs of $16.32 in late-April, shares plunged nearly 35% to $10.66 on July 1.  Since then, shares have put together a respectable rally, finishing up last week at $13.20.  Shares have been turned back at the $13-$13.50 range many times over the past few months.  A solid Q will be needed to make that resistance level a thing of the past.  If they can manage it, look for shares to run toward $14.40 before taking a shot at the aforementioned late-April highs.  DPZ’s earnings are highly correlated to cheese prices, so expect that to be a hot topic on the call.

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