We Think Driven Brands Holdings' (NASDAQ:DRVN) Profit Is Only A Baseline For What They Can Achieve [Yahoo! Finance]
Driven Brands Holdings Inc. (DRVN)
Company Research
Source: Yahoo! Finance
View our latest analysis for Driven Brands Holdings Importantly, our data indicates that Driven Brands Holdings' profit was reduced by US$79m, due to unusual items, over the last year. It's never great to see unusual items costing the company profits, but on the upside, things might improve sooner rather than later. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And, after all, that's exactly what the accounting terminology implies. If Driven Brands Holdings doesn't see those unusual expenses repeat, then all else being equal we'd expect its profit to increase over the coming year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Unusual items (expenses) detracted from Driven Brands Holdings' earnings over the last year, but we might see a
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DRVN
News
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target raised by analysts at Stifel Nicolaus from $20.00 to $22.00. They now have a "buy" rating on the stock.MarketBeat
- Priciest home sale around Rock Hill wasn't for the usual suspects but in a tiny town [Yahoo! Finance]Yahoo! Finance
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target raised by analysts at Royal Bank of Canada from $17.00 to $20.00. They now have an "outperform" rating on the stock.MarketBeat
- Driven Brands Holdings Inc. (NASDAQ: DRVN) had its price target raised by analysts at Canaccord Genuity Group Inc. from $20.00 to $21.00. They now have a "buy" rating on the stock.MarketBeat
- Driven Brands Holdings Inc. Reports Third Quarter 2024 ResultsBusiness Wire
DRVN
Earnings
- 10/31/24 - Beat
DRVN
Sec Filings
- 11/12/24 - Form SCHEDULE
- 11/7/24 - Form 10-Q
- 10/31/24 - Form 8-K
- DRVN's page on the SEC website