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

Utz Brands

30/04/2024 16:56

* UTZ Brands Inc  UTZ.N   UTZ  is expected to show a fall in
quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Hanover Pennsylvania Pennsylvania-based  company is
expected
to report a 1.4% decrease in revenue to $346.423 million from
$351.43 million a year ago, according to the mean estimate from
10 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for UTZ 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 9 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months. ​
    * Wall Street's median 12-month price target for UTZ Brands
Inc is
$20.50​, above​ its last closing price of $18.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.16        0.16       0.16      Met     0.2
 Sep. 30 2023  0.16        0.15       0.17      Beat    10.4
 Jun. 30 2023  0.12        0.12       0.13      Beat    7.7​
 Mar. 31 2023  0.10        0.10       0.11      Beat    14.9
 ​​Dec.        0.11        0.12       0.15      Beat    29.2
 31 2022                                                
 Sep. 30 2022  0.14        0.14       0.16      Beat    17.3​
 Jan. 1 0001   0.11        0.11       0.13      Beat    13.3
 Jan. 1 0001   0.09        0.09       0.11      Beat    18.7
 This summary was machine generated April 30 at 15:56 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)