Vital Farms Inc expected to post earnings of 7  cents a share - Earnings Preview

Vital Farms

01/08/2023 19:33

* Vital Farms Inc  VITL.OQ   VITL.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 3. 
    * The Austin Texas-based  company is expected to report  a
26.9% increase in revenue to $105.18 million from $82.87 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Vital Farms Inc is
for
earnings of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"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 $18.5​, above​ its last closing price of $11.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.05        0.05       0.16      Beat    207.7
 Dec. 31 2023  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
 ​​Mar.        -0.07       -0.07      0.02      Beat    130.4
 31 2022                                                
 Dec. 31 2021  -0.08       -0.09      -0.09     Met     3.5​
 Sep. 30 2021  -0.06       -0.06      -0.03     Beat    48.4
 Jun. 30 2021  -0.01       -0.01      0.09      Beat    1,000
 This summary was machine generated August 1 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated