Driven Brands Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Driven Brands Holdings Inc. reports results for the quarter ended June 30 - Earnings Summary
Driven Brands Holdings Inc. DRVN.OQ reported quarterly adjusted earnings of 29 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 36 cents. The mean expectation of twelve analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 21 cents to 30 cents per share.
Revenue fell 7.9% to $507.42 million from a year ago; analysts expected $506.31 million.
Driven Brands Holdings Inc.'s reported EPS for the quarter was 21 cents.
The company reported quarterly net income of $34.25 million.
Driven Brands Holdings Inc. shares had risen by 4.8% this quarter and lost 1.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 24.1% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the personal services peer group is also "buy"
Wall Street's median 12-month price target for Driven Brands Holdings Inc. is $17.00, about 14.1% above its last closing price of $14.61
This summary was machine generated from LSEG data August 6 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.26 | 0.29 | Beat |
Mar. 31 2026 | 0.25 | 0.30 | Beat |
Dec. 31 2025 | 0.25 | 0.34 | Beat |
Sep. 30 2025 | 0.30 | 0.34 | Beat |
Recent news on Driven Brands Holdings
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