Domino’s Pizza Inc. (NYSE:DPZ) released its earnings report for the three months period April-June today before the market opened on Wall Street. The company showed earnings of 57 cents per share for the period on revenue totaling $414 million. On Monday’s market shares in Domino’s Pizza Inc. (NYSE:DPZ) closed at $63.61.

Domino's Pizza

In the same three months of 2012, Domino’s Pizza Inc. (NYSE:DPZ) earned 47 cents per share on revenue of $376 million. Analysts following the company were looking for earnings of 56 cents per share on revenue of $405 million from this morning’s earnings report.

Domino’s Pizza rising

Domino’s Pizza Inc. (NYSE:DPZ) shares have increased by more than 45 percent since the start of 2013 as the company’s earnings came in higher than expected in the reports the company delivered earlier on this year. The reports the company released in January and April showed the company ahead on EPS for both periods, and ahead of analysts expectations for revenue.

The quick increase in the value of the firm makes Domino’s Pizza Inc. (NYSE:DPZ) one of the fastest growing companies in the fast food sector. The company has been performing much better than companies like Yum! brands and McDonald’s, though it is very much at a different level on its growth cycle.

In the last twelve months of trading shares in Domino’s Pizza Inc. (NYSE:DPZ) have almost doubled in value. Shareholder optimism about the company have led to incredible growth while keeping the company’s valuation below a dangerous level. The company’s stock is trading at less than 30 times 2012 earnings.

Domino’s Pizza Inc. (NYSE:DPZ) may be primed to continuing growing through 2013, and analysts are expecting the company to increase its earnings for many years to come. Whether or not those earnings are priced into the shares is difficult to know, but Domino’s performance in the last twelve months suggests that surprises can push the stock above former limits with relative ease.