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

Driven Brands Holdings

27/07/2022 17:02

* Driven Brands Holdings Inc  DRVN.OQ  reported quarterly
adjusted
earnings of 35 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of 29 cents per share.
    * Revenue rose 35.7% to $508.62 million from a year ago;
analysts
expected $482.15 million. 
    * Driven Brands Holdings Inc's reported EPS for the quarter
was a
loss of 34 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Driven Brands Holdings Inc shares had risen by 5.8% this
quarter and lost 13.3% so far this year.
    * The company reported a quarterly loss of $57.04 million.
    * Wall Street's median 12-month price target for Driven
Brands
Holdings Inc is $39.00 
    * 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." 

This summary was machine generated from Refinitiv data July 27
at 04:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.29           0.35           Beat
 Mar. 31 2022      0.21           0.28           Beat
 Dec. 31 2021      0.16           0.18           Beat
 Sep. 30 2021      0.22           0.26           Beat