Free Trial

Driven Brands (DRVN) News Today

Driven Brands logo
$16.22 +0.99 (+6.50%)
(As of 11/6/2024 ET)
Driven Brands Holdings Inc. stock logo
Driven Brands (NASDAQ:DRVN) Announces Quarterly Earnings Results
Driven Brands (NASDAQ:DRVN - Get Free Report) released its earnings results on Thursday. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.04. Driven Brands had a return on equity of 15.03% and a net margin of 0.27%. The firm had revenue of $591.70 million during the quarter, compared to analysts' expectations of $598.49 million. During the same quarter last year, the business posted $0.19 earnings per share. The firm's revenue was up 1.8% on a year-over-year basis.
Cautious Optimism Powers Driven Brands Holdings Earnings Drive
Driven Brands price target raised to $20 from $17 at RBC Capital
Driven Brands price target raised to $18 from $16 at BofA
Driven Brands price target raised to $21 from $20 at Canaccord
Driven Brands Holdings Inc. stock logo
Royal Bank of Canada Forecasts Strong Price Appreciation for Driven Brands (NASDAQ:DRVN) Stock
Royal Bank of Canada upped their price objective on shares of Driven Brands from $17.00 to $20.00 and gave the stock an "outperform" rating in a report on Friday.
Driven Brands backs FY24 adjusted EPS view 88c-$1.00, consensus $1.02
Driven Brands reports Q3 adjusted EPS 26c, consensus 22c
Driven Brands Holdings Inc. stock logo
Driven Brands (NASDAQ:DRVN) Updates FY 2024 Earnings Guidance
Driven Brands (NASDAQ:DRVN) updated its FY 2024 earnings guidance. The company provided EPS guidance of 1.000-1.000 for the period, compared to the consensus estimate of 1.020. The company also issued revenue guidance of $2.4 billionillion-$2.4 billionillion, compared to the consensus estimate of $2.4 billionillion.
Piper Sandler Remains a Buy on Driven Brands Holdings (DRVN)
Driven Brands Holdings Inc. stock logo
Driven Brands Holdings Inc. (NASDAQ:DRVN) Stock Position Reduced by SG Americas Securities LLC
SG Americas Securities LLC decreased its position in Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 92.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,321 shares of the company's s
Driven Brands Holdings Inc. stock logo
Driven Brands Holdings Inc. (NASDAQ:DRVN) Receives Consensus Recommendation of "Moderate Buy" from Analysts
Shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Get Free Report) have received a consensus rating of "Moderate Buy" from the eleven ratings firms that are covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation, six have issued a buy
Driven Brands Holdings Inc. stock logo
Driven Brands (DRVN) Scheduled to Post Quarterly Earnings on Thursday
Driven Brands (NASDAQ:DRVN) will be releasing earnings before the market opens on Thursday, October 31, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=636780)
Driven Brands Holdings Inc. stock logo
Driven Brands Holdings Inc. (NASDAQ:DRVN) Shares Sold by Millennium Management LLC
Millennium Management LLC reduced its position in shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 41.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,653,790 shares of the company's stock
Driven Brands Holdings Inc. stock logo
Marshall Wace LLP Has $7.80 Million Stock Position in Driven Brands Holdings Inc. (NASDAQ:DRVN)
Marshall Wace LLP boosted its stake in Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 516.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 612,436 shares of the company's sto
Driven Brands Holdings Inc. stock logo
Driven Brands Holdings Inc. (NASDAQ:DRVN) Given Consensus Recommendation of "Moderate Buy" by Analysts
Shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the eleven analysts that are presently covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, six have given a
Driven Brands Holdings Inc. stock logo
Interval Partners LP Trims Position in Driven Brands Holdings Inc. (NASDAQ:DRVN)
Interval Partners LP reduced its position in Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 78.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 127,741 shares of the company's stock after selling 452,881 shares
Driven Brands Holdings Inc. stock logo
Edgestream Partners L.P. Buys New Position in Driven Brands Holdings Inc. (NASDAQ:DRVN)
Edgestream Partners L.P. bought a new position in shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 64,113 shares of the company's stock, valued at a
Driven Brands Holdings Inc. stock logo
Driven Brands (NASDAQ:DRVN) Shares Up 6.5% on Analyst Upgrade
Driven Brands (NASDAQ:DRVN) Stock Price Up 6.5% After Analyst Upgrade
Driven Brands Holdings Inc. stock logo
Driven Brands Holdings Inc. (NASDAQ:DRVN) Shares Bought by Bank of New York Mellon Corp
Bank of New York Mellon Corp raised its holdings in Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 39.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 233,040 shares of the c
Driven Brands Holdings Inc. stock logo
Driven Brands Holdings Inc. (NASDAQ:DRVN) Given Consensus Recommendation of "Moderate Buy" by Brokerages
Driven Brands Holdings Inc. (NASDAQ:DRVN - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the twelve ratings firms that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, seven have iss
Driven Brands unloads its Canadian distribution business
Benchmark Co. Keeps Their Buy Rating on Driven Brands Holdings (DRVN)
Driven Brands Holdings Inc. stock logo
Driven Brands (NASDAQ:DRVN) Earns "Buy" Rating from Benchmark
Benchmark restated a "buy" rating and set a $20.00 price objective on shares of Driven Brands in a research report on Tuesday.
Driven Brands Holdings Inc. stock logo
Driven Brands Holdings Inc. (NASDAQ:DRVN) Shares Purchased by SG Americas Securities LLC
SG Americas Securities LLC grew its position in shares of Driven Brands Holdings Inc. (NASDAQ:DRVN - Free Report) by 396.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,531 shares of the company's stock after acqui
DRVN Aug 2024 20.000 call (DRVN240816C00020000)
Get Driven Brands News Delivered to You Automatically

Sign up to receive the latest news and ratings for DRVN and its competitors with MarketBeat's FREE daily newsletter.

“This Changes Everything” - Trump Hands Millions Massive IRS Gift (Ad)

Now it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as we wait for Trump's agenda to kick in…

>> YES! Send Me My FREE Gold Guide!

DRVN Media Mentions By Week

DRVN Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

DRVN
News Sentiment

0.60

0.30

Average
Auto/Tires/Trucks
News Sentiment

DRVN News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

DRVN Articles
This Week

22

4

DRVN Articles
Average Week

Get Driven Brands News Delivered to You Automatically

Sign up to receive the latest news and ratings for DRVN and its competitors with MarketBeat's FREE daily newsletter.


Related Companies and Tools


This page (NASDAQ:DRVN) was last updated on 11/6/2024 by MarketBeat.com Staff
From Our Partners