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UTZ Utz Brands News Story

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UTZ Brands Inc reports results for the quarter ended June 30 - Earnings Summary

UTZ Brands Inc UTZ.N reported quarterly adjusted earnings of 17 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 19 cents.  The mean expectation of ten analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 17 cents to 20 cents per share.

Revenue rose 3% to $366.70 million from a year ago; analysts expected $362.06 million.

UTZ Brands Inc's reported EPS for the quarter was 12 cents​.

The company reported quarterly net income of $10.5 million.

UTZ Brands Inc shares had risen by 11.0% this quarter and lost 11.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.5% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food processing peer group is  "hold."

Wall Street's median 12-month price target for UTZ Brands Inc is $17.00, about 18.1% above its last closing price of $13.93

This summary was machine generated from LSEG data July 31 at 11:31 a.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.180.17Missed
Mar. 31 20250.150.16Beat
Dec. 31 20240.190.22Beat
Sep. 30 20240.200.21Beat

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