Dutch Bros Q2 EPS $0.13 Beats $0.07 Estimate, Sales $249.88M Miss $253.44M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dutch Bros (NYSE:BROS) reported Q2 earnings of $0.13 per share, beating the analyst consensus estimate of $0.07 by 85.71%. However, the company's quarterly sales of $249.88 million missed the analyst consensus estimate of $253.44 million by 1.41%. The earnings represent a 160% increase from the same period last year, while the sales represent a 34.07% increase.
August 08, 2023 | 8:39 pm
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Dutch Bros reported better-than-expected Q2 earnings but missed on sales. Earnings per share were up 160% YoY, while sales increased by 34.07% YoY.
Dutch Bros' Q2 earnings beat estimates, which is positive for the stock. However, the company missed on sales, which could offset the positive impact of the earnings beat. The YoY growth in both earnings and sales indicates the company's strong performance compared to the same period last year.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100