Utz Brands Q2 2024 Adj. EPS $0.19 Beats $0.16 Estimate, Sales $356.200M Miss $357.219M Estimate
Portfolio Pulse from Benzinga Newsdesk
Utz Brands (NYSE:UTZ) reported Q2 2024 adjusted EPS of $0.19, beating the analyst estimate of $0.16. However, sales of $356.2 million missed the $357.219 million estimate and were down 1.83% year-over-year.
August 01, 2024 | 10:31 am
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Utz Brands reported Q2 2024 adjusted EPS of $0.19, beating the analyst estimate of $0.16. However, sales of $356.2 million missed the $357.219 million estimate and were down 1.83% year-over-year.
The positive EPS surprise is offset by the slight miss in sales and the year-over-year decline. This mixed result is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100