Driven Brands Holdings Inc expected to post earnings of 19 cents a share - Earnings Preview

Driven Brands Holdings

20/02/2024 16:40

* Driven Brands Holdings Inc  DRVN.OQ   DRVN.O  is expected
to show a rise in quarterly revenue when it reports  results on
February 22 for the period ending December 31 2023
    * The Charlotte North Carolina-based  company is expected to
report a 5.8% increase in revenue to $571.017 million from
$539.65 million a year ago, according to the mean estimate from
9 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Driven Brands Holdings
Inc is
for earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"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 $21.00​, above​ its last closing price
of $14.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.19        0.18       0.20      Beat    10.1
 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.        0.28        0.27       0.32      Beat    16.9
 30 2022                                                
 Jun. 30 2022  0.30        0.29       0.35      Beat    19.7​
 Mar. 31 2022  0.21        0.21       0.28      Beat    31.3
 Dec. 31 2021  0.16        0.16       0.18      Beat    14.9
 This summary was machine generated February 20 at 16:40 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)