Dutch Bros Q3 Adj $0.14 Beats $0.07 Estimate, Sales $265.00M Beat $258.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dutch Bros (NYSE:BROS) reported Q3 earnings of $0.14 per share, beating the analyst consensus estimate of $0.07 by 100%. This is a 55.56% increase from the same period last year. The company also reported quarterly sales of $265.00 million, beating the analyst consensus estimate of $258.60 million by 2.47%. This is a 33.40% increase from the same period last year.
November 07, 2023 | 9:12 pm
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POSITIVE IMPACT
Dutch Bros' Q3 earnings and sales exceeded estimates, indicating strong performance. This could positively impact the company's stock in the short term.
Dutch Bros reported higher than expected earnings and sales for Q3, indicating strong performance. This positive financial news is likely to increase investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100