Krispy Kreme Inc expected to post earnings of 5 cents a share - Earnings Preview
06/08/2024 19:24
* Krispy Kreme Inc DNUT.OQ DNUT.O is expected to show a
rise
in quarterly revenue when it reports results on August 8 for
the period ending June 30 2024
* The Charlotte North Carolina-based company is expected to
report a 6.5% increase in revenue to $435.494 million from
$408.88 million a year ago, according to the mean estimate from
7 analysts, based on LSEG data.The company's guidance on May 9
2024, for the period ended June 30, was for revenue between
$433.41 million and $441.59 million.
* LSEG's mean analyst estimate for Krispy Kreme Inc is for
earnings of 5 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Krispy
Kreme Inc
is $16.00, above its last closing price of $9.70.
The company's guidance on May 9 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD433.41492 million and USD232.7864
million.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Mar. 31 2024 0.06 0.06 0.07 Beat 10.1
Dec. 31 2024 0.13 0.13 0.09 Missed -28.2
Sep. 30 2023 0.06 0.06 0.03 Missed -47.2
Jun. 30 2023 0.06 0.07 0.07 Met 6.3
Mar. 0.07 0.07 0.09 Beat 22.3
31 2023
Dec. 31 2022 0.10 0.10 0.11 Beat 10.1
Sep. 30 2022 0.04 0.04 0.03 Missed -31.3
Jun. 30 2022 0.09 0.09 0.08 Missed -15.7
This summary was machine generated August 6 at 18:24 GMT. 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)