Driven Brands Reaffirms FY23 Revenue Guidance Of $2.30B Vs. $2.32B Est; Adj EPS Of $0.92 Vs. $0.92 Est.
Portfolio Pulse from Benzinga Newsdesk
Driven Brands has reaffirmed its FY23 revenue guidance of $2.30B, which is slightly below the estimated $2.32B. The company also maintains its adjusted EPS at $0.92, matching the estimate.
November 01, 2023 | 11:05 am
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Driven Brands reaffirms its FY23 revenue guidance of $2.30B, slightly below the estimated $2.32B, and its adjusted EPS at $0.92, matching the estimate.
Driven Brands' reaffirmation of its FY23 revenue guidance, although slightly below estimates, and its adjusted EPS matching estimates, indicates stability in the company's financial outlook. This could have a neutral impact on the stock as it aligns with market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100