Recap: Driven Brands Q3 Earnings

Driven Brands Hldgs DRVN reported its Q3 earnings results on Wednesday, October 26, 2022 at 07:00 AM.

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

Earnings

Driven Brands Hldgs beat estimated earnings by 18.52%, reporting an EPS of $0.32 versus an estimate of $0.27.

Revenue was up $145.45 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 1.03% drop in the share price the next day.

Here's a look at Driven Brands Hldgs's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.30 0.21 0.16 0.21
EPS Actual 0.35 0.28 0.18 0.26
Revenue Estimate 482.14M 437.20M 355.19M 355.80M
Revenue Actual 508.62M 468.32M 391.88M 371.15M

To track all earnings releases for Driven Brands Hldgs visit their earnings calendar here.

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

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