Driven Brands Holdings Inc expected to post earnings of 24cents a share - Earnings Preview

Driven Brands Holdings

20/02/2023 16:48

* Driven Brands Holdings Inc  DRVN.OQ   DRVN.O  is expected
to show a rise in quarterly revenue when it reports  results on
February 22. 
    * The Charlotte North Carolina-based  company is expected to
report  a 39.4% increase in revenue to $546.405 million from
$391.89 million a year ago, according to the mean estimate from
10 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Driven Brands
Holdings
Inc is for earnings of 24 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 $37.5​, above​ its last closing price of $28.71.
​​​

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 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. 31 2021  0.16        0.16       0.18      Beat    14.9
 ​​Sep.        0.22        0.22       0.26      Beat    20.3
 30 2021                                                
 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 20 at 16:48 GMT. 
All figures in US dollars  unless otherwise stated