Dutch Bros: Q3 Earnings Insights
Portfolio Pulse from Benzinga Insights
Dutch Bros (NYSE:BROS) reported its Q3 earnings results, beating estimated earnings by 100.0% with an EPS of $0.14 versus an estimate of $0.07. Revenue was up $65.86 million from the same period last year. Last quarter, the company beat on EPS by $0.06, which was followed by a 17.86% increase in the share price the next day.
November 07, 2023 | 9:25 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Dutch Bros reported strong Q3 earnings, beating estimates by 100%. This follows a trend from last quarter where a beat on EPS led to a significant increase in share price.
Dutch Bros reported a significant beat on earnings estimates, which is likely to be viewed positively by the market. This follows a trend from last quarter where a beat on EPS led to a significant increase in share price. Therefore, it's reasonable to expect a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100