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

Driven Brands Holdings

27/04/2022 20:57

* Driven Brands Holdings Inc  DRVN.OQ  reported quarterly
adjusted
earnings of 28 cents​​ per share for the quarter ended in March.
The mean expectation of nine analysts for the quarter was
for earnings of 21 cents per share.
    * Revenue rose 42.2% to $468.32 million from a year ago; 
analysts
expected $437.20 million. 
    * Driven Brands Holdings Inc's reported EPS for the quarter
was 20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Driven Brands Holdings Inc shares had fallen by 0.9% this
quarter and lost 22.5% so far this year.
    * The company reported quarterly net income of $34.44
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 7 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated April 27 at 07:57 p.m.  ​All
figures in US dollars unless otherwise stated