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Driven Brands Holdings earnings beat by $0.03, revenue fell short of estimates

Published May 02, 2024 19:23

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Investing.com - Driven Brands Holdings (NASDAQ: DRVN) reported first quarter EPS of $0.23, $0.03 better than the analyst estimate of $0.20. Revenue for the quarter came in at $572.23M versus the consensus estimate of $584.6M.

Guidance

Driven Brands Holdings sees FY 2024 EPS of $0.88-$1.00 versus the analyst consensus of $0.95.

Driven Brands Holdings sees FY 2024 revenue of $2.35B-$2.45B versus the analyst consensus of $2.43B.

Driven Brands Holdings's stock price closed at $14.66. It is up 9.90% in the last 3 months and down -51.05% in the last 12 months.

Driven Brands Holdings saw 0 positive EPS revisions and 8 negative EPS revisions in the last 90 days. See Driven Brands Holdings's stock price’s past reactions to earnings here.

According to InvestingPro, Driven Brands Holdings's Financial Health score is "fair performance".

Check out Driven Brands Holdings's recent earnings performance, and Driven Brands Holdings's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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