News
DRVN
11.59
-0.86%
-0.10
Driven Brands falls after JPM downgrades company to Neutral
Consumer Driven Brands falls after JPM downgrades company to Neutral from Overweight. The downgrade comes a day after the company reported mixed quarterly results. J.P. Morgan slashed the price target to $12.5 from $18. DRVN stock fell 4% in premarket trade.
Seeking Alpha · 1d ago
DRIVEN BRANDS HOLDINGS INC <DRVN.O>: CANACCORD GENUITY CUTS TARGET PRICE TO $17 FROM $21
Reuters · 1d ago
DRIVEN BRANDS HOLDINGS INC <DRVN.O>: PIPER SANDLER CUTS TARGET PRICE TO $14 FROM $18
Reuters · 1d ago
Driven Brands Shares Drop After CFO Leaves, 1Q Revenue Miss
Shares of Driven Brands are down more than 26% in midday trading. Chief financial officer Gary Ferrera is leaving the company to pursue another opportunity. The auto-services company reported less first-quarter revenue growth than analysts had expected. The company behind brands like Maaco and Meineke.
Dow Jones · 1d ago
12 Industrials Stocks Moving In Thursday's Intraday Session
Enovix (NASDAQ:ENVX) shares increased by 35.3% to $8.81 during Thursday's regular session. Avis Budget Gr stock moved upwards by 23.26% after the company's, Q1 earnings came out yesterday. Valmont Industries (NYSE:VMI) shares also increased by 16.97%.
Benzinga · 1d ago
DRVN Stock Earnings: Driven Brands Hldgs Beats EPS, Misses Revenue for Q1 2024
Driven Brands Hldgs reported earnings per share of 23 cents for the first quarter of 2024. The company reported revenue of $572.23 million. This was 2.08% worse than the analyst estimate for revenue. Driven Brands reported results for the second quarter of 2016.
Investorplace · 1d ago
Driven Brands Holdings Enters Oversold Territory (DRVN)
NASDAQ · 1d ago
Driven Brands Announces CFO Transition and Interim Appointments
TipRanks · 2d ago
Driven Brands Finance Chief Ferrera Leaving After Year on Job
Top finance executive of Driven Brands Holdings is leaving the company after roughly a year on the job. Gary Ferrera joined the Charlotte, N.C., company last May as executive vice president and chief financial officer. The company says Ferrera is leaving to pursue another opportunity.
Dow Jones · 2d ago
Driven Brands Reaffirms Its 2024 Outlook: Expects Revenues Between $2.35B-$2.45B Vs. $2.428B Estimate, Projects Adjusted EPS Between $0.88 - $1.00 Vs. $0.95 Estimate
Benzinga · 2d ago
Driven Brands Hldgs Q1 2024 Adj EPS $0.23 Beats $0.19 Estimate, Sales $572.226M Miss $584.395M Estimate
Driven Brands Hldgs (NASDAQ:DRVN) reported quarterly earnings of $0.23 per share. The company reported quarterly sales of $572.226 million. This is up 1.74 percent from the same period last year. Driven Brands beat the analyst consensus estimate by 21.05 percent.
Benzinga · 2d ago
Driven Brands Non-GAAP EPS of $0.23 beats by $0.04, revenue of $572M misses by $12.36M
Driven Brands Holdings Inc. Q1 Non-GAAP EPS of $.23 beats by $0.04, revenue of $572M misses by $12.36M. The Company ended the first quarter with total liquidity of $308.0 million. Earnings news comes from Driven Brands.
Seeking Alpha · 2d ago
*Driven Brands Holdings Backs FY24 Rev $2.35B-$2.45B >DRVN
Dow Jones · 2d ago
*Driven Brands Holdings Backs FY24 Adj EPS 88c-Adj EPS $1 >DRVN
Dow Jones · 2d ago
*Driven Brands Holdings Joel Arnao, Senior Vice Pres of FP&A, Treasury and Investor Relations, Has Been Appointed Interim CFO
Dow Jones · 2d ago
*Driven Brands Holdings Ferrera's Resignation Will Be Effective After the Filing of 10Q
Dow Jones · 2d ago
*Driven Brands Holdings: CFO Gary Ferrera Stepping Down
Dow Jones · 2d ago
*Driven Brands Holdings Reaffirms Fiscal Yr 2024 Outlook >DRVN
Dow Jones · 2d ago
*Driven Brands Holdings 1Q Rev $572.2M >DRVN
Dow Jones · 2d ago
*Driven Brands Holdings 1Q EPS 3c >DRVN
Dow Jones · 2d ago
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About DRVN
Driven Brands Holdings Inc. is an automotive services company. Its scaled, diversified platform provides services to a range of retail and commercial customers. Its segments include Maintenance, Car Wash, Paint, Collision & Glass and Platform Services. Its Maintenance segment comprises the Take 5 Oil and Meineke brands. Its Maintenance services include oil changes and other regularly scheduled or as-needed automotive services, including vehicle component repair and replacement. The Car Wash segment services primarily consist of express-style exterior car wash services that utilize an automated conveyor belt to pull vehicles along a track where they are machine washed. The Paint, Collision & Glass segment is primarily composed of the CARSTAR, ABRA, Fix Auto, Maaco, Uniban, and AGN brands and serves both retail and commercial customers. The Platform Services segment is composed of the 1-800 Radiator, PH, Spire Supply, Driven Advantage, and Automotive Training Institute (ATI) businesses.