Utz Brands: Q1 Earnings Insights

Utz Brands UTZ reported its Q1 earnings results on Thursday, May 11, 2023 at 06:30 AM.

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

Utz Brands beat estimated earnings by 10.0%, reporting an EPS of $0.11 versus an estimate of $0.1.

Revenue was up $10.67 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 1.78% drop in the share price the next day.

Here's a look at Utz Brands's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.12	0.14	0.16	0.09
EPS Actual	0.15	0.16	0.13	0.11
Revenue Estimate	336.76M	341.78M	334.09M	311.08M
Revenue Actual	354.67M	362.82M	350.15M	340.77M

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

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

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