Vital Farms Inc expected to post earnings of 21 cents a share - Earnings Preview

Vital Farms

07/05/2024 17:34

* Vital Farms Inc  VITL.OQ   VITL.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Austin Texas-based  company is expected to report a
14.9% increase in revenue to $136.955 million from $119.17
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 21 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"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 $25.00​, below​ its last closing price of $29.08. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.07        0.09       0.17      Beat    86.5
 Sep. 30 2023  0.04        0.05       0.10      Beat    118.8
 Jan. 1 0001               0.07       0.15      Beat    118.8​
 Mar. 31 2023  0.05        0.05       0.16      Beat    200
 ​​Dec.        0.07        0.04       0.04      Met     -6.4
 31 2022                                                
 Jan. 1 0001   0.01        0.01       0.02      Beat    224.1​
 Jun. 30 2022  -0.03       -0.03      0.00      Beat    100
 Jan. 1 0001   -0.07       -0.07      0.02      Beat    130.4
 This summary was machine generated May 7 at 16:34 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)