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

Driven Brands Holdings

02/08/2023 14:33

* Driven Brands Holdings Inc  DRVN.OQ  reported quarterly
adjusted
earnings of 29 cents​​ per share for the quarter ended in June.
The mean expectation of thirteen analysts for the quarter was
for earnings of 31 cents per share.
    * Revenue rose 19.3% to $606.85 million from a year ago;
analysts
expected $587.73 million. 
    * Driven Brands Holdings Inc's reported EPS for the quarter
was 22
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Driven Brands Holdings Inc shares had fallen by 4.5% this
quarter and lost 5.4% so far this year.
    * The company reported quarterly net income of $37.75
million.
    * Wall Street's median 12-month price target for Driven
Brands
Holdings Inc is $40.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.31           0.29           Missed
 Mar. 31 2023      0.23           0.25           Beat
 Dec. 31 2022      0.24           0.25           Beat
 Sep. 30 2022      0.27           0.32           Beat