Driven Brands Holdings Inc. Reports Third Quarter Results

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Driven Brands (DRVN) PT Raised to $45 at Stifel

October 27, 2021 5:30 PM EDT

Stifel analyst Chris O'Cull raised the price target on Driven Brands (NASDAQ: DRVN) to $45.00 (from $40.00) while maintaining a Buy rating.

The analyst commented, "Driven's 3Q report was bittersweet - 3Q results were excellent, but the updated annual EBITDA guidance created confusion and... More

Driven Brands (DRVN) Tops Q3 EPS by 5c

October 27, 2021 7:08 AM EDT

Driven Brands (NASDAQ: DRVN) reported Q3 EPS of $0.26, $0.05 better than the analyst estimate of $0.21. Revenue for the quarter came in at $371.1 million versus the consensus estimate of $355.66 million.

GUIDANCE:

Driven Brands sees FY2021 EPS of $0.84, versus the consensus of $0.82. Driven... More