Coffee chain Dutch Bros (NYSE:BROS) will be reporting earnings tomorrow after market hours. Here’s what to look for. Dutch Bros beat analysts’ revenue expectations by 7.6% last quarter, reporting revenues of $342.8 million, up 34.9% year on year. It was an exceptional quarter for the company, with an impressive beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates. Is Dutch Bros a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting Dutch Bros’s revenue to grow 25.3% year on year to $344.8 million, slowing from the 39.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.11 per share.Dutch Bros Total Revenue Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Dutch Bros has missed Wall Street’s revenue estimates twice over the last two years. Looking at Dutch Bros’s peers in the traditional fast food segment, some have already reported their Q1 results, giving us a hint as to what we can expect. El Pollo Loco delivered year-on-year revenue growth of 2.6%, beating analysts’ expectations by 0.6%, and Wendy's reported a revenue decline of 2.1%, in line with consensus estimates. El Pollo Loco traded down 3.8% following the results while Wendy’s stock price was unchanged. Read our full analysis of El Pollo Loco’s results here and Wendy’s results here. There has been positive sentiment among investors in the traditional fast food segment, with share prices up 7.8% on average over the last month. Dutch Bros is up 13.7% during the same time and is heading into earnings with an average analyst price target of $76.72 (compared to the current share price of $60.35). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. View Comments
Dutch Bros Earnings: What To Look For From BROS
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