Wall Street analysts forecast that Dutch Bros (BROS) will report quarterly earnings of $0.24 per share in its upcoming release, pointing to a year-over-year increase of 26.3%. It is anticipated that revenues will amount to $548.97 million, exhibiting an increase of 29.6% compared to the year-ago quarter.
The current level reflects a downward revision of 2.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Dutch Bros metrics that are routinely monitored and predicted by Wall Street analysts.
The collective assessment of analysts points to an estimated 'Revenues- Franchising and other' of $33.89 million. The estimate indicates a year-over-year change of +10.2%.
Based on the collective assessment of analysts, 'Revenues- Company-operated shops' should arrive at $514.64 million. The estimate suggests a change of +31% year over year.
According to the collective judgment of analysts, 'System same shop sales and transactions' should come in at 4.7%. The estimate is in contrast to the year-ago figure of 5.7%.
Analysts predict that the 'Shop count, end of period - Total shop count' will reach 1,268 . Compared to the present estimate, the company reported 1,081 in the same quarter last year.
The average prediction of analysts places 'Shop count, end of period - Franchised' at 318 . Compared to the present estimate, the company reported 322 in the same quarter last year.
The combined assessment of analysts suggests that 'Shop count, end of period - Company-operated' will likely reach 948 . The estimate compares to the year-ago value of 759 .
It is projected by analysts that the 'Total net - new shop openings' will reach 52 . The estimate is in contrast to the year-ago figure of 38 .
Analysts expect 'Company-operated same shop sales and transactions' to come in at 6.2%. The estimate compares to the year-ago value of 7.4%.
Analysts forecast 'Company-operated new openings' to reach 59 . The estimate compares to the year-ago value of 34 .
The consensus among analysts is that 'Franchised new openings' will reach 3 . Compared to the current estimate, the company reported 4 in the same quarter of the previous year.
View all Key Company Metrics for Dutch Bros here>>>Shares of Dutch Bros have demonstrated returns of +10.9% over the past month compared to the Zacks S&P 500 composite's -0.9% change. With a Zacks Rank #4 (Sell), BROS is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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This article originally published on Zacks Investment Research (zacks.com).