Driven Brands Holdings Inc expected to post earnings of 23  cents a share - Earnings Preview

Driven Brands Holdings

01/05/2023 16:53

* Driven Brands Holdings Inc  DRVN.OQ   DRVN.O  is expected
to show a rise in quarterly revenue when it reports  results on
May 3. 
    * The Charlotte North Carolina-based  company is expected to
report  a 19.1% increase in revenue to $557.596 million from
$468.32 million a year ago, according to the mean estimate from
11 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Driven Brands
Holdings
Inc is for earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Driven
Brands
Holdings Inc is $39​, above​ its last closing price of $30.70.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.30        0.29       0.35      Beat    19.7​
 Mar. 31 2022  0.21        0.21       0.28      Beat    31.3
 ​​Dec.        0.16        0.16       0.18      Beat    14.9
 31 2021                                                
 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
 This summary was machine generated May 1 at 15:53 GMT.  All
figures in US dollars  unless otherwise stated