UTZ Brands Inc expected to post earnings of 10  cents a share - Earnings Preview

Utz Brands

09/05/2023 15:32

* UTZ Brands Inc  UTZ.N   UTZ  is expected to show a rise in
quarterly revenue when it reports  results on May 11. 
    * The Hanover Pennsylvania Pennsylvania-based  company is
expected
to report  a 3.4% increase in revenue to $352.455 million from
$340.77 million a year ago, according to the mean estimate from
7 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for UTZ Brands Inc is
for
earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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 UTZ Brands
Inc is
$20​, above​ its last closing price of $18.23. ​​​

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 2022  0.11        0.12       0.15      Beat    29.2
 Sep. 30 2022  0.14        0.14       0.16      Beat    17.3
 Jun. 30 2022  0.11        0.11       0.13      Beat    13.3​
 Mar. 31 2022  0.09        0.09       0.11      Beat    18.7
 ​​Dec.        0.15        0.15       0.11      Missed  -27.7
 31 2021                                                
 Sep. 30 2021  0.15        0.16       0.18      Beat    15.9​
 Jun. 30 2021  0.14        0.15       0.13      Missed  -11.1
 Mar. 31 2021  0.14        0.14       0.13      Missed  -6.6
 This summary was machine generated May 9 at 14:32 GMT.  All
figures in US dollars  unless otherwise stated