Dutch Bros (BROS) Expected to Announce Earnings on Wednesday

Dutch Bros (NYSE:BROS) is anticipated to post its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect Dutch Bros to post earnings of $0.02 per share and revenue of $318.78 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Dutch Bros (NYSE:BROS) last issued its earnings results on Wednesday, November 6th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.04. Dutch Bros had a net margin of 2.54% and a return on equity of 5.48%. The firm had revenue of $338.20 million for the quarter, compared to analysts’ expectations of $324.97 million. During the same quarter last year, the company earned $0.08 earnings per share. The firm’s revenue was up 27.9% compared to the same quarter last year. On average, analysts expect Dutch Bros to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Dutch Bros Stock Up 2.0 %

BROS stock opened at $64.60 on Wednesday. The company has a current ratio of 1.90, a quick ratio of 1.68 and a debt-to-equity ratio of 0.79. Dutch Bros has a twelve month low of $25.46 and a twelve month high of $64.92. The company’s 50 day moving average is $56.31 and its two-hundred day moving average is $43.12. The stock has a market cap of $9.96 billion, a P/E ratio of 222.78, a PEG ratio of 3.58 and a beta of 2.73.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on BROS. JPMorgan Chase & Co. raised their price objective on shares of Dutch Bros from $48.00 to $58.00 and gave the stock an “overweight” rating in a report on Thursday, December 19th. Baird R W raised shares of Dutch Bros from a “hold” rating to a “strong-buy” rating in a report on Monday, January 6th. Barclays raised shares of Dutch Bros from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $38.00 to $70.00 in a report on Tuesday, January 7th. Robert W. Baird upgraded shares of Dutch Bros from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $60.00 to $70.00 in a research report on Monday, January 6th. Finally, UBS Group raised their target price on shares of Dutch Bros from $44.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, December 6th. One investment analyst has rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $60.09.

Dutch Bros Company Profile

Dutch Bros Inc, together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company operates through Company-Operated Shops and Franchising and Other segments. It serves through company-operated shops and online channels under Dutch Bros; Dutch Bros Coffee; Dutch Bros Rebel; Dutch Bros; and Blue Rebel brands.