Utz Brands (UTZ) Tops Q3 EPS by 2c

Utz Brands (NYSE: UTZ) reported Q3 EPS of $0.16, $0.02 better than the analyst estimate of $0.14. Revenue for the quarter came in at $362.8 million versus the consensus estimate of $341.55 million.

GUIDANCE:

For fiscal 2022, the Company is raising its total net sales growth outlook from 13-15% to 17-19%, and its Organic Net Sales growth outlook from 10-12% to 13-15%. This improved outlook for net sales growth reflects the Company’s year-to-date performance and continued business momentum.

For earnings history and earnings-related data on Utz Brands (UTZ) click here.

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