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

Vital Farms

04/05/2023 14:32

* Vital Farms Inc  VITL.OQ  reported quarterly adjusted
earnings
of 16 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 5 cents per share.
    * Revenue rose 54.7% to $119.17 million from a year ago;
analysts
expected $103.59 million. 
    * Vital Farms Inc's reported EPS for the quarter was 16
cents​.
    * The mean earnings estimate of analysts had risen by
about 30% 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 15.0% this
quarter and
lost 12.9% so far this year.
    * The company reported quarterly net income of $7.15
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 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.05           0.16           Beat
 Dec. 31 2022      0.04           0.04           Met
 Sep. 30 2022      0.01           0.02           Beat
 Jun. 30 2022      -0.03          0.00           Beat