Driven Brands Fiscal Q1 Adjusted Earnings, Revenue Rise

MT Newswires Live
06 May

Driven Brands (DRVN) reported fiscal Q1 adjusted earnings Tuesday of $0.27 per diluted share, up from $0.25 a year earlier.

Analysts polled by FactSet expected $0.23.

Revenue for the fiscal quarter ended March 29 was $516.2 million, up from $482.0 million a year earlier.

Analysts surveyed by FactSet expected $502.2 million.

For fiscal 2025, the retail automotive services provider said it continues to expect adjusted diluted EPS of about $1.15 to $1.25 on revenue of around $2.05 billion to $2.15 billion. Analysts polled by FactSet expect $1.21 and $2.13 billion, respectively.

Shares of the company were up more than 1% in recent premarket activity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10