Utz Brands (NYSE:UTZ) reported its Q1 earnings results on Thursday, May 12, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Utz Brands beat estimated earnings by 22.22%, reporting an EPS of $0.11 versus an estimate of $0.09.
Revenue was up $71.58 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 5.51% drop in the share price the next day.
Here's a look at Utz Brands's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.15 | 0.16 | 0.15 | 0.14 |
| EPS Actual | 0.11 | 0.18 | 0.13 | 0.13 |
| Revenue Estimate | 296.81M | 308.67M | 290.29M | 274.87M |
| Revenue Actual | 300.93M | 312.68M | 297.92M | 269.18M |
To track all earnings releases for Utz Brands visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
