UTZ Brands Inc reports results for the quarter ended in December - Earnings Summary

Utz Brands

03/03/2022 12:42

* UTZ Brands Inc  UTZ.N  reported quarterly adjusted
earnings of
11 cents​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for earnings of
15 cents per share.
    * Revenue rose 22.2% to $300.90 million from a year ago; 
analysts
expected $296.81 million. 
    * UTZ Brands Inc's reported EPS for the quarter was a loss
of 14
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * UTZ Brands Inc shares had fallen by 6.6% this quarter.
    * The company reported a quarterly loss of $16.2 million.
    * Wall Street's median 12-month price target for UTZ Brands
Inc is
$19.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 3 at 12:42 p.m.  ​All
figures in US dollars unless otherwise stated