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MarketBeat
MarketBeat
Jordan Chussler

Dutch Bros Beats Earnings for 11th Consecutive Quarter

Dutch Bros Bros Dutch Christine Barone Starbucks MarketBeat

Shares of coffee retail chain Dutch Bros (NYSE: BROS) climbed 4% in after-hours trading on Wednesday following the company’s blowout Q3 earnings call. 

Dutch Bros announced that it beat on earnings for the 11th consecutive quarter, with earnings per share (EPS) of 19 cents surpassing analysts’ expectations of 17 cents. Meanwhile, third-quarter revenue of $423.6 million—representing a more than 25% year-over-year increase—beat expectations of $414 million.

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