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

Driven Brands Holdings

26/10/2022 14:32

* Driven Brands Holdings Inc  DRVN.OQ  reported quarterly
adjusted
earnings of 32 cents​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of 27 cents per share.
    * Revenue rose 39.2% to $516.59 million from a year ago;
analysts
expected $494.40 million. 
    * Driven Brands Holdings Inc's reported EPS for the quarter
was 23
cents​.
    * The mean earnings estimate of analysts was unchanged 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 15.3% this
quarter and lost 4.0% so far this year.
    * The company reported quarterly net income of $38.39
million.
    * Wall Street's median 12-month price target for Driven
Brands
Holdings Inc is $38.00 
    * 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 October
26 at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.27           0.32           Beat
 Jun. 30 2022      0.29           0.35           Beat
 Mar. 31 2022      0.21           0.28           Beat
 Dec. 31 2021      0.16           0.18           Beat