Dutch Bros Stock Earnings Preview
Ticker: BROS
Earnings Announcement: Tomorrow, afternoon
Analyst Expectations:
* Revenue: $318.7 million (25.4% YoY growth)
* Adjusted EPS: $0.02
Recent Performance:
* Q3 2022: Beat revenue estimates by 4% with $338.2 million reported
* Surpassed EBITDA and same-store sales estimates significantly
Analyst Sentiment:
* Estimates have remained largely unchanged in the past 30 days
* Dutch Bros has missed revenue estimates three times in the last two years
Peer Performance:
* Starbucks: Flat revenue, beat estimates by 0.9%, stock up 8.2% post-earnings
* Yum China: Revenue up 4.1%, missed estimates by 1.7%, stock up 6.4% post-earnings
Market Sentiment:
* Traditional fast food segment has experienced positive sentiment, with share prices up 11.9% on average in the past month
* Dutch Bros up 19.3% during the same period
* Average analyst price target: $64.58 (current share price: $66.25)