Driven Brands Holdings Inc expected to post earnings of 16  cents a share - Earnings Preview

Driven Brands Holdings

14/02/2022 14:01

* Driven Brands Holdings Inc  DRVN.OQ   DRVN.O  is expected
to show a rise in quarterly revenue when it reports  results on
February 16. 
    * The Charlotte North Carolina-based  company is expected to
report  a 23.1% increase in revenue to $355.195 million from
$288.51 million a year ago, according to the mean estimate from
8 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Driven Brands
Holdings
Inc is for earnings of 16 cents per share. For the same quarter
last year, the company reported earnings of 1 cent per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Driven
Brands
Holdings Inc is $40​, about 25.5% above​ its last closing price
of $29.80. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.22        0.22       0.26      Beat    20.3
 Jun. 30 2021  0.16        0.16       0.25      Beat    53.5
 Mar. 31 2021  0.05        0.06       0.19      Beat    212​
 Dec. 31 2020  0.05        0.05       0.01      Missed  -81.1
 ​​                                                     
                                                        ​
 This summary was machine generated February 14 at 14:01 GMT. 
All figures in US dollars  unless otherwise stated