Driven Brands (DRVN) Expected to Announce Earnings on Thursday

Driven Brands (NASDAQ:DRVN) is projected to announce its Q1 2025 earnings results before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.23 per share and revenue of $492.19 million for the quarter. Driven Brands has set its FY 2025 guidance at 1.150-1.250 EPS.

Driven Brands (NASDAQ:DRVN) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.13. The business had revenue of $564.12 million during the quarter, compared to analysts’ expectations of $572.95 million. Driven Brands had a net margin of 0.27% and a return on equity of 14.86%. The business’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the company posted $0.19 earnings per share. On average, analysts expect Driven Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Driven Brands Price Performance

Shares of DRVN opened at $15.98 on Thursday. The firm has a market capitalization of $2.63 billion, a PE ratio of 399.50, a price-to-earnings-growth ratio of 0.79 and a beta of 1.09. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.90 and a quick ratio of 1.72. The company’s fifty day moving average price is $16.41 and its 200-day moving average price is $16.07. Driven Brands has a 1-year low of $10.59 and a 1-year high of $18.01.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DRVN. BMO Capital Markets raised their price objective on Driven Brands from $15.00 to $16.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 26th. Benchmark initiated coverage on shares of Driven Brands in a report on Friday, April 4th. They issued a “buy” rating and a $22.00 price objective on the stock. Canaccord Genuity Group raised their target price on shares of Driven Brands from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, February 26th. JPMorgan Chase & Co. increased their price target on Driven Brands from $14.50 to $17.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 26th. Finally, Robert W. Baird set a $25.00 price objective on Driven Brands in a report on Thursday, March 13th. Three research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Driven Brands presently has an average rating of “Moderate Buy” and a consensus target price of $20.50.

Driven Brands Company Profile

Driven Brands Holdings Inc, together with its subsidiaries, provides automotive services to retail and commercial customers in the United States, Canada, and internationally. It offers various services, such as paint, collision, glass, repair, car wash, oil change, and maintenance services. The company also distributes automotive parts, including radiators, air conditioning components, and exhaust products to automotive repair shops, auto parts stores, body shops, and other auto repair outlets; windshields and glass accessories through a network of distribution centers; and consumable products, such as oil filters and wiper blades, as well as training services to repair and maintenance, and paint and collision shops.