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

Utz Brands

02/03/2023 14:37

* UTZ Brands Inc  UTZ.N  reported quarterly adjusted
earnings of
15 cents​​ per share for the quarter ended in December. The mean
expectation of nine analysts for the quarter was for earnings of
12 cents per share.
    * Revenue rose 17.9% to $354.67 million from a year ago;
analysts
expected $336.76 million. 
    * UTZ Brands Inc's reported EPS for the quarter was 18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * UTZ Brands Inc shares had risen by 2.8% this quarter.
    * The company reported quarterly net income of $13.83
million.
    * Wall Street's median 12-month price target for UTZ Brands
Inc is
$19.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 2
at 02:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.12           0.15           Beat
 Sep. 30 2022      0.14           0.16           Beat
 Jun. 30 2022      0.11           0.13           Beat
 Mar. 31 2022      0.09           0.11           Beat