Driven Brands Holdings Inc reports results for the quarter ended in December - Earnings Summary

Driven Brands Holdings

22/02/2023 14:32

* Driven Brands Holdings Inc  DRVN.OQ  reported quarterly
adjusted
earnings of 25 cents​​ per share for the quarter ended in
December. The mean expectation of twelve analysts for the
quarter was for earnings of 24 cents per share.
    * Revenue rose 37.7% to $539.65 million from a year ago;
analysts
expected $546.40 million. 
    * Driven Brands Holdings Inc's reported EPS for the quarter
was 16
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Driven Brands Holdings Inc shares had risen by 2.4% this
quarter.
    * The company reported quarterly net income of $27.4
million.
    * Wall Street's median 12-month price target for Driven
Brands
Holdings Inc is $37.50 
    * 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." 

This summary was machine generated from Refinitiv data February
22 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.24           0.25           Beat
 Sep. 30 2022      0.27           0.32           Beat
 Jun. 30 2022      0.29           0.35           Beat
 Mar. 31 2022      0.21           0.28           Beat