We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What Analyst Projections for Key Metrics Reveal About Dutch Bros (BROS) Q3 Earnings
Read MoreHide Full Article
Wall Street analysts expect Dutch Bros (BROS - Free Report) to post quarterly earnings of $0.17 per share in its upcoming report, which indicates a year-over-year increase of 6.3%. Revenues are expected to be $411.13 million, up 21.6% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 2.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Dutch Bros metrics that are commonly tracked and forecasted by Wall Street analysts.
According to the collective judgment of analysts, 'Revenues- Franchising and other' should come in at $32.68 million. The estimate indicates a change of +9.2% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Revenues- Company-operated shops' of $378.56 million. The estimate suggests a change of +22.8% year over year.
Analysts' assessment points toward 'Shop count, end of period - Total shop count' reaching 1,084 . Compared to the current estimate, the company reported 950 in the same quarter of the previous year.
The average prediction of analysts places 'Shop count, end of period - Franchised' at 322 . Compared to the present estimate, the company reported 305 in the same quarter last year.
Analysts predict that the 'Shop count, end of period - Company-operated' will reach 763 . Compared to the present estimate, the company reported 645 in the same quarter last year.
Based on the collective assessment of analysts, 'Company-operated same shop sales and transactions' should arrive at 4.7%. The estimate compares to the year-ago value of 4.0%.
The consensus estimate for 'Total net - new shop openings' stands at 42 . The estimate is in contrast to the year-ago figure of 38 .
It is projected by analysts that the 'Company-operated new openings' will reach 39 . The estimate compares to the year-ago value of 33 .
Over the past month, Dutch Bros shares have recorded returns of +11.1% versus the Zacks S&P 500 composite's +2.1% change. Based on its Zacks Rank #2 (Buy), BROS will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
What Analyst Projections for Key Metrics Reveal About Dutch Bros (BROS) Q3 Earnings
Wall Street analysts expect Dutch Bros (BROS - Free Report) to post quarterly earnings of $0.17 per share in its upcoming report, which indicates a year-over-year increase of 6.3%. Revenues are expected to be $411.13 million, up 21.6% from the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 2.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Dutch Bros metrics that are commonly tracked and forecasted by Wall Street analysts.
According to the collective judgment of analysts, 'Revenues- Franchising and other' should come in at $32.68 million. The estimate indicates a change of +9.2% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Revenues- Company-operated shops' of $378.56 million. The estimate suggests a change of +22.8% year over year.
Analysts' assessment points toward 'Shop count, end of period - Total shop count' reaching 1,084 . Compared to the current estimate, the company reported 950 in the same quarter of the previous year.
The average prediction of analysts places 'Shop count, end of period - Franchised' at 322 . Compared to the present estimate, the company reported 305 in the same quarter last year.
Analysts predict that the 'Shop count, end of period - Company-operated' will reach 763 . Compared to the present estimate, the company reported 645 in the same quarter last year.
Based on the collective assessment of analysts, 'Company-operated same shop sales and transactions' should arrive at 4.7%. The estimate compares to the year-ago value of 4.0%.
The consensus estimate for 'Total net - new shop openings' stands at 42 . The estimate is in contrast to the year-ago figure of 38 .
It is projected by analysts that the 'Company-operated new openings' will reach 39 . The estimate compares to the year-ago value of 33 .
View all Key Company Metrics for Dutch Bros here>>>Over the past month, Dutch Bros shares have recorded returns of +11.1% versus the Zacks S&P 500 composite's +2.1% change. Based on its Zacks Rank #2 (Buy), BROS will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .