Utz Brands (NYSE: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.
