Sovos Brands Inc expected to post earnings of 12  cents a share - Earnings Preview

Sovos Brands

03/05/2022 03:03

* Sovos Brands Inc  SOVO.OQ   SOVO.O  is expected to report
results on May 4.
    * The Louisville Colorado-based  company is expected to
report
revenue of $205.571 million, according to the mean estimate from
11 analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Sovos Brands Inc is
for
earnings of 12 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 8.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Sovos
Brands Inc
is $17​, above​ its last closing price of $15.22. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.09        0.11       0.13      Beat    22.6
 Sep. 30 2021  0.07        0.07       0.10      Beat    35.5
                                                        ​
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 This summary was machine generated May 3 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated