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Dutch Bros (BROS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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Dutch Bros (BROS - Free Report) reported $275.1 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 39.5%. EPS of $0.09 for the same period compares to $0.00 a year ago.
The reported revenue represents a surprise of +7.58% over the Zacks Consensus Estimate of $255.71 million. With the consensus EPS estimate being $0.02, the EPS surprise was +350.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dutch Bros performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total shop count: 876 versus the six-analyst average estimate of 868.
Number of shops - Franchised: 294 versus 292 estimated by five analysts on average.
Number of shops - Company-operated: 582 versus the five-analyst average estimate of 575.
Same shop sales growth: 10% versus the five-analyst average estimate of 3.6%.
Same shop sales growth - Company-Owned: 10.9% versus 3.6% estimated by five analysts on average.
Total net - new shop openings: 45 compared to the 36 average estimate based on three analysts.
Company-operated new openings: 40 versus the three-analyst average estimate of 33.
Franchised new openings: 5 versus the three-analyst average estimate of 3.
Revenues- Franchising and other: $27.01 million versus the six-analyst average estimate of $25.64 million. The reported number represents a year-over-year change of +12.1%.
Revenues- Company-operated shops: $248.09 million versus the six-analyst average estimate of $229.67 million. The reported number represents a year-over-year change of +43.3%.
Shares of Dutch Bros have returned -12.4% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Dutch Bros (BROS) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Dutch Bros (BROS - Free Report) reported $275.1 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 39.5%. EPS of $0.09 for the same period compares to $0.00 a year ago.
The reported revenue represents a surprise of +7.58% over the Zacks Consensus Estimate of $255.71 million. With the consensus EPS estimate being $0.02, the EPS surprise was +350.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Dutch Bros performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total shop count: 876 versus the six-analyst average estimate of 868.
- Number of shops - Franchised: 294 versus 292 estimated by five analysts on average.
- Number of shops - Company-operated: 582 versus the five-analyst average estimate of 575.
- Same shop sales growth: 10% versus the five-analyst average estimate of 3.6%.
- Same shop sales growth - Company-Owned: 10.9% versus 3.6% estimated by five analysts on average.
- Total net - new shop openings: 45 compared to the 36 average estimate based on three analysts.
- Company-operated new openings: 40 versus the three-analyst average estimate of 33.
- Franchised new openings: 5 versus the three-analyst average estimate of 3.
- Revenues- Franchising and other: $27.01 million versus the six-analyst average estimate of $25.64 million. The reported number represents a year-over-year change of +12.1%.
- Revenues- Company-operated shops: $248.09 million versus the six-analyst average estimate of $229.67 million. The reported number represents a year-over-year change of +43.3%.
View all Key Company Metrics for Dutch Bros here>>>Shares of Dutch Bros have returned -12.4% over the past month versus the Zacks S&P 500 composite's -0.4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.