Vital Farms Inc expected to post earnings of 20 cents a share - Earnings Preview

Vital Farms

06/08/2024 19:31

* Vital Farms Inc  VITL.OQ   VITL.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 8 for the
period ending June 30 2024
    * The Austin Texas-based  company is expected to report a
30.0% increase in revenue to $138.425 million from $106.45
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Vital Farms Inc is for
earnings of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Vital Farms
Inc
is $44.50​, above​ its last closing price of $33.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.21        0.21       0.43      Beat    109
 Dec. 31 2024  0.07        0.09       0.17      Beat    86.5
 Sep. 30 2023  0.04        0.05       0.10      Beat    118.8​
 Jun. 30 2023  0.07        0.07       0.15      Beat    118.8
 ​​Mar.        0.05        0.05       0.16      Beat    200
 31 2023                                                
 Dec. 31 2022  0.07        0.04       0.04      Met     -6.4​
 Sep. 30 2022  0.01        0.01       0.02      Beat    224.1
 Jun. 30 2022  -0.03       -0.03      0.00      Beat    100
 This summary was machine generated August 6 at 18:31 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)