Driven Brands (DRVN) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Driven Brands is expected to announce its Q2 2025 earnings on August 5th, with analysts estimating earnings of $0.34 per share and $540.12 million in revenue for the quarter.
• The company recently reported earnings of $0.27 per share for the previous quarter, exceeding estimates and reflecting a 7.1% increase in revenue compared to the same period last year.
• Driven Brands has received multiple analyst ratings, with the consensus being a "Moderate Buy" and an average target price of $21.00.

Driven Brands (NASDAQ:DRVN - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.34 per share and revenue of $540.12 million for the quarter. Driven Brands has set its FY 2025 guidance at 1.150-1.25 EPS.

Driven Brands (NASDAQ:DRVN - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.27 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.04. The business had revenue of $516.16 million for the quarter, compared to analyst estimates of $492.19 million. Driven Brands had a negative net margin of 12.75% and a positive return on equity of 19.61%. The firm's revenue was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.23 earnings per share. 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 Stock Down 0.9%

Driven Brands stock traded down $0.15 during trading hours on Wednesday, hitting $16.73. The company had a trading volume of 468,713 shares, compared to its average volume of 572,940. The firm has a market capitalization of $2.75 billion, a P/E ratio of -9.24, a price-to-earnings-growth ratio of 0.97 and a beta of 1.09. The company has a debt-to-equity ratio of 4.07, a current ratio of 1.47 and a quick ratio of 1.33. The firm's fifty day moving average is $17.47 and its 200-day moving average is $16.89. Driven Brands has a fifty-two week low of $12.73 and a fifty-two week high of $18.72.

Hedge Funds Weigh In On Driven Brands

A hedge fund recently raised its stake in Driven Brands stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 4.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 35,597 shares of the company's stock after purchasing an additional 1,493 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Driven Brands were worth $610,000 at the end of the most recent quarter. Institutional investors and hedge funds own 77.08% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DRVN. Canaccord Genuity Group upped their price objective on shares of Driven Brands from $23.00 to $24.00 and gave the stock a "buy" rating in a report on Friday, June 27th. BTIG Research began coverage on shares of Driven Brands in a report on Monday, June 30th. They set a "buy" rating and a $22.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of Driven Brands in a research report on Tuesday, June 3rd. They set a "neutral" rating and a $20.00 target price for the company. Wall Street Zen upgraded shares of Driven Brands from a "hold" rating to a "buy" rating in a research report on Saturday, July 5th. Finally, Benchmark initiated coverage on shares of Driven Brands in a research report on Friday, April 4th. They issued a "buy" rating and a $22.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Driven Brands presently has a consensus rating of "Moderate Buy" and an average price target of $21.00.

About Driven Brands

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.