Driven Brands Holdings Inc. (DRVN) Surpasses Q1 Earnings Estimates [Yahoo! Finance]
Driven Brands Holdings Inc. (DRVN)
Company Research
Source: Yahoo! Finance
This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 15%. A quarter ago, it was expected that this company would post earnings of $0.18 per share when it actually produced earnings of $0.19, delivering a surprise of 5.56%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Driven Brands Holdings , which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $572.23 million for the quarter ended March 2024, missing the Zacks Consensus Estimate by 2.07%. This compares to year-ago revenues of $562.47 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Driven
Show less
Read more
Impact Snapshot
Event Time:
DRVN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DRVN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DRVN alerts
High impacting Driven Brands Holdings Inc. news events
Weekly update
A roundup of the hottest topics
DRVN
News
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target lowered by analysts at Barclays PLC from $25.00 to $22.00. They now have an "overweight" rating on the stock.MarketBeat
- Driven Brands Holdings Inc. (NASDAQ:DRVN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $21.00 to $17.00. They now have a "buy" rating on the stock.MarketBeat
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $16.00 to $14.00. They now have a "neutral" rating on the stock.MarketBeat
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target lowered by analysts at Piper Sandler from $18.00 to $14.00. They now have an "overweight" rating on the stock.MarketBeat
DRVN
Earnings
- 5/2/24 - Beat
DRVN
Sec Filings
- 5/17/24 - Form 3
- 5/14/24 - Form 8-K
- 5/8/24 - Form 10-Q
- DRVN's page on the SEC website