Driven Brands (DRVN) Expected to Announce Quarterly Earnings on Tuesday

Driven Brands (NASDAQ:DRVN - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Tuesday, May 6th. Analysts expect Driven Brands to post earnings of $0.23 per share and revenue of $492.19 million for the quarter. Driven Brands has set its FY 2025 guidance at 1.150-1.250 EPS.

Driven Brands (NASDAQ:DRVN - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.13. Driven Brands had a net margin of 0.27% and a return on equity of 14.86%. The business had revenue of $564.12 million for the quarter, compared to the consensus estimate of $572.95 million. During the same quarter in the previous year, the firm earned $0.19 earnings per share. The company's revenue for the quarter was up 1.9% on a year-over-year basis. On average, analysts expect Driven Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Driven Brands Price Performance

Shares of DRVN stock traded up $0.30 during mid-day trading on Tuesday, hitting $16.74. The company had a trading volume of 569,511 shares, compared to its average volume of 876,647. Driven Brands has a 52-week low of $10.59 and a 52-week high of $18.01. The stock's 50 day moving average price is $16.48 and its 200-day moving average price is $16.15. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.90 and a quick ratio of 1.72. The company has a market capitalization of $2.75 billion, a P/E ratio of 418.50, a P/E/G ratio of 0.79 and a beta of 1.09.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on DRVN shares. Benchmark started coverage on shares of Driven Brands in a report on Friday, April 4th. They issued a "buy" rating and a $22.00 target price on the stock. Robert W. Baird set a $25.00 target price on shares of Driven Brands in a report on Thursday, March 13th. JPMorgan Chase & Co. boosted their target price on shares of Driven Brands from $14.50 to $17.00 and gave the stock a "neutral" rating in a report on Wednesday, February 26th. BMO Capital Markets boosted their target price on shares of Driven Brands from $15.00 to $16.00 and gave the stock a "market perform" rating in a report on Wednesday, February 26th. Finally, Piper Sandler boosted their price target on shares of Driven Brands from $19.00 to $22.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 26th. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Driven Brands currently has an average rating of "Moderate Buy" and an average price target of $20.50.

Driven Brands Company Profile

Driven Brands Holdings Inc, together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally. It offers various services, such as paint, collision, glass, repair, car wash, oil change, and maintenance services. The company also distributes automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets; windshields and glass accessories through a network of distribution centers; and consumable products, such as oil filters and wiper blades, as well as training services to repair and maintenance, and paint and collision shops.