Sovos Brands Inc expected to post earnings of 13  cents a share - Earnings Preview

Sovos Brands

11/03/2022 13:58

* Sovos Brands Inc  SOVO.OQ   SOVO.O  is expected to report
results on March 15.
    * The Louisville Colorado-based  company is expected to
report
revenue of $194.891 million, according to the mean estimate from
10 analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Sovos Brands Inc is
for
earnings of 13 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 8.1%
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 $11.62. ​​​
    * 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                         
 Sep. 30 2021  0.07        0.07       0.10      Beat    35.5
                                                        ​
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 This summary was machine generated March 11 at 13:58 GMT.  All
figures in US dollars  unless otherwise stated