UTZ Brands Inc reports results for the quarter ended March 31 - Earnings Summary

Utz Brands

01/05/2025 12:31

UTZ Brands Inc UTZ.N reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 14 cents.  The mean expectation of eleven analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 15 cents to 16 cents per share.

Revenue rose 1.6% to $352.08 million from a year ago; analysts expected $350.41 million.

UTZ Brands Inc's reported EPS for the quarter was 9 cents​.

The company reported quarterly net income of $7.5 million.

UTZ Brands Inc shares had fallen by 5.6% this quarter and lost 15.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.2% in the last three months.​

In the last 30 days, four 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," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food processing peer group is also "buy"

Wall Street's median 12-month price target for UTZ Brands Inc is $17.00

This summary was machine generated from LSEG data May 1 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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.15
0.16
Beat
Dec. 31 2024
0.19
0.22
Beat
Sep. 30 2024
0.20
0.21
Beat
Jun. 30 2024
0.16
0.19
Beat