Krispy Kreme: Q2 Earnings Insights

Krispy Kreme DNUT reported its Q2 earnings results on Wednesday, August 17, 2022 at 06:40 AM.

Here's what investors need to know about the announcement.

Krispy Kreme missed estimated earnings by 11.11%, reporting an EPS of $0.08 versus an estimate of $0.09.

Revenue was up $26.06 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 3.31% increase in the share price the next day.

Here's a look at Krispy Kreme's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.07	0.10	0.06	0.14
EPS Actual	0.08	0.08	0.06	0.13
Revenue Estimate	367.90M	363.66M	337.67M	333.36M
Revenue Actual	372.53M	370.60M	342.80M	349.19M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Krispy Kreme management provided guidance for FY 2022, expecting earnings between $0.29 and $0.32 per share.

To track all earnings releases for Krispy Kreme visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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