Driven Brands Holdings Inc expected to post earnings of 29  cents a share - Earnings Preview

Driven Brands Holdings

25/07/2022 19:33

* Driven Brands Holdings Inc  DRVN.OQ   DRVN.O  is expected
to show a rise in quarterly revenue when it reports  results on
July 27. 
    * The Charlotte North Carolina-based  company is expected to
report  a 28.6% increase in revenue to $482.145 million from
$374.83 million a year ago, according to the mean estimate from
7 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Driven Brands
Holdings
Inc is for earnings of 29 cents per share. For the same quarter
last year, the company reported earnings of 25 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"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 $39​, above​ its last closing price of $30.18.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.21        0.21       0.28      Beat    31.3
 Dec. 31 2022  0.16        0.16       0.18      Beat    14.9
 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.        0.05        0.06       0.19      Beat    212
 31 2021                                                
 Dec. 31 2020  0.05        0.05       0.01      Missed  -81.1​
 This summary was machine generated July 25 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated