Driven Brands Holdings Inc expected to post earnings of 18  cents a share - Earnings Preview

Driven Brands Holdings

30/10/2023 15:16

* Driven Brands Holdings Inc  DRVN.OQ   DRVN.O  is expected
to show a rise in quarterly revenue when it reports  results 
    * The Charlotte North Carolina-based  company is expected to
report  a 10.4% increase in revenue to $570.539 million from
$516.59 million a year ago, according to the mean estimate from
9 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Driven Brands
Holdings
Inc is for earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "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 $23.5​, above​ its last closing price of $11.00.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.31        0.31       0.29      Missed  -5.3
 Mar. 31 2023  0.23        0.23       0.25      Beat    10
 Dec. 31 2022  0.25        0.24       0.25      Beat    2.6​
 Sep. 30 2022  0.28        0.27       0.32      Beat    16.9
 ​​Jun.        0.30        0.29       0.35      Beat    19.7
 30 2022                                                
 Mar. 31 2022  0.21        0.21       0.28      Beat    31.3​
 Dec. 31 2021  0.16        0.16       0.18      Beat    14.9
 Sep. 30 2021  0.22        0.22       0.26      Beat    20.3
 This summary was machine generated October 30 at 15:16 GMT.  All
figures in US dollars  unless otherwise stated