Get ready to discover the eagerly anticipated third quarter financial results of Driven Brands Holdings (NASDAQ: DRVN) on Thursday 31st October 2024. This significant announcement is scheduled to take place before market open, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
Financial analysts on Wall Street are predicting that the organization is about to reveal an estimated $0.22 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $598.44 million for this period.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $2.36 billion. In addition, they anticipate the company to report profit of $1.02 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.2. This figure was a result of the company's total revenue, which reached an impressive $581.03 million million during that specific period.
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DRVN has scheduled a conference call on 31st October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
During Tuesday's trading, Driven Brands Holdings (DRVN) shares reached a low of $14.04 and a high of $14.67, along with a total volume of 621.30 thousand shares. The stock ended the regular trading session at $14.10, reflecting drop of 4.34 percent.