Driven Brands Holdings Inc. (DRVN) Q2 Earnings and Revenues Lag Estimates

Driven Brands (DRVN) reported quarterly EPS of $0.29, missing the Zacks Consensus by $0.01. EPS also declined from $0.36 a year ago, indicating continued earnings pressure. The modest miss versus consensus is likely a negative read-through for near-term sentiment.

Analysis

Driven Brands (DRVN) reported quarterly EPS of $0.29, missing the Zacks Consensus by $0.01. EPS also declined from $0.36 a year ago, indicating continued earnings pressure. The modest miss versus consensus is likely a negative read-through for near-term sentiment.