Utz Brands Q3 Adj EPS $0.17 Beats $0.16 Estimate, Sales $371.90M Beat $370.46M Estimate
Portfolio Pulse from Benzinga Newsdesk
Utz Brands reported Q3 adjusted earnings of $0.17 per share, beating the analyst consensus estimate of $0.16 by 6.25%. The company also reported quarterly sales of $371.90 million, surpassing the analyst consensus estimate of $370.46 million by 0.39%. Both earnings and sales show an increase compared to the same period last year.
November 09, 2023 | 11:31 am
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POSITIVE IMPACT
Utz Brands reported better than expected Q3 earnings and sales, which could positively impact the company's stock in the short term.
Utz Brands reported Q3 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100