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

Vital Farms

10/08/2021 14:18

* Vital Farms Inc  VITL.OQ  reported quarterly adjusted earnings
of 9 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss of
one cents per share.
* Revenue rose 1.7% to $60.32 million from a year ago;  analysts
expected $58.28 million. 
* Vital Farms Inc's reported EPS for the quarter was 9 cents​.
* The mean earnings estimate of analysts had risen by
about 48.5% 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 fallen by 13.4% this quarter and
lost 31.7% so far this year.
* The company reported quarterly net income of $3.91 million.
* Wall Street's median 12-month price target for Vital Farms Inc
is $28.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 10 at 01:17 p.m.  ​All
figures in US dollars unless otherwise stated