Utz Brands: Q3 Earnings Insights

Utz Brands UTZ reported its Q3 earnings results on Thursday, November 9, 2023 at 06:30 AM.

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

Earnings

Utz Brands beat estimated earnings by 6.25%, reporting an EPS of $0.17 versus an estimate of $0.16.

Revenue was up $9.03 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 0.86% drop in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.12 0.10 0.12 0.14
EPS Actual 0.13 0.11 0.15 0.16
Revenue Estimate 360.59M 352.45M 336.76M 341.78M
Revenue Actual 362.85M 351.43M 354.67M 362.82M

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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