Vital Farms Inc reports results for the quarter ended in December - Earnings Summary

Vital Farms

09/03/2023 14:32

* Vital Farms Inc  VITL.OQ  reported quarterly adjusted
earnings
of 4 cents​​ per share for the quarter ended in December. The
mean expectation of seven analysts for the quarter was
for earnings of 4 cents per share.
    * Revenue rose 42.2% to $110.08 million from a year ago;
analysts
expected $100.29 million. 
    * Vital Farms Inc's reported EPS for the quarter was 4
cents​.
    * The mean earnings estimate of analysts had risen by
about 134.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Vital Farms Inc shares had risen by 2.7% this quarter.
    * The company reported quarterly net income of $1.87
million.
    * Wall Street's median 12-month price target for Vital Farms
Inc
is $19.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 02:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.04           0.04           Met
 Sep. 30 2022      0.01           0.02           Beat
 Jun. 30 2022      -0.03          0.00           Beat
 Mar. 31 2022      -0.07          0.02           Beat