Company Overview - Vital Farms is set to announce its earnings on August 8, 2024, with projected earnings of $0.21 per share, reflecting a year-over-year growth of 40% [1] - The consensus estimate for revenue is $143.75 million, indicating a 35.04% increase compared to the same quarter of the previous year [1] - For the entire year, the Zacks Consensus Estimates forecast earnings of $0.98 per share and revenue of $589.53 million, representing changes of +66.1% and +24.94%, respectively, compared to the previous year [8] Stock Performance - Prior to today's trading, shares of Vital Farms had decreased by 22.77% over the past month, underperforming the Consumer Staples sector's gain of 3.33% and the S&P 500's loss of 0.21% [3] - The stock closed at $36.82, showing a +1.94% change from the previous session, which was greater than the S&P 500's daily gain of 0.08% [7] Analyst Estimates and Valuation - Recent modifications to analyst estimates for Vital Farms indicate a favorable outlook on the company's business health and profitability [4] - Vital Farms holds a Forward P/E ratio of 36.95, which is a premium compared to its industry's Forward P/E of 16.92 [5] - The Zacks Rank system currently rates Vital Farms as 1 (Strong Buy), with a consensus EPS projection that has moved 2.36% higher in the past 30 days [9] Industry Context - The Food - Miscellaneous industry, part of the Consumer Staples sector, currently has a Zacks Industry Rank of 200, placing it in the bottom 21% of all 250+ industries [10]

Vital Farms, Inc. (NASDAQ:VITL), a small-cap staples stock, has been quietly building a name for itself as it attempts to disrupt the traditional US food system by prioritizing sustainable business and farming practices that eventually result in more ethical food reaching US households. It looks like the market can't get enough of VITL as the stock has already tripled in value, even though we are only seven months into the year (although there has been some correction in July). Despite the recent correction ...

Group 1 - Vital Farms is expected to report revenues of $143.75 million, reflecting a 35% increase from the same quarter last year [3] - The consensus EPS estimate for Vital Farms indicates a likely earnings beat, supported by a positive Earnings ESP of +1.18% [9][10] - The company has a strong earnings surprise history, having beaten consensus EPS estimates in the last four quarters [28] Group 2 - Kraft Heinz is projected to post earnings of $0.73 per share, which represents a year-over-year decline of 7.6%, with revenues expected to be $6.54 billion, down 2.8% from the previous year [13] - The consensus EPS estimate for Kraft Heinz has been revised 0.8% lower over the last 30 days, but a higher Most Accurate Estimate has resulted in an Earnings ESP of 0.25% [24] - Kraft Heinz has also beaten consensus EPS estimates in each of the trailing four quarters, but its current Zacks Rank of 4 (Sell) complicates predictions for an earnings beat [30]

Core Insights - Vital Farms (VITL) is positioned to continue its earnings-beat streak, having achieved an average surprise of 54.19% over the last two quarters [1][3] Earnings Performance - In the last reported quarter, Vital Farms posted earnings of $0.43 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, resulting in a surprise of 86.96% [2] - In the previous quarter, the company was expected to earn $0.14 per share but reported $0.17 per share, delivering a surprise of 21.43% [2] Earnings Estimates - Recent estimates for Vital Farms have been trending upward, with a positive Earnings ESP of +1.18%, indicating bullish sentiment among analysts regarding the company's earnings prospects [3][6] - The combination of a positive Earnings ESP and a Zacks Rank 1 (Strong Buy) suggests a high likelihood of another earnings beat [6] Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [4] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, reflecting the latest analyst revisions [5]

In the latest trading session, Vital Farms (VITL) closed at $39, marking a -1.02% move from the previous day. This move lagged the S&P 500's daily gain of 1.08%. At the same time, the Dow added 0.32%, and the techheavy Nasdaq gained 1.58%. Analysts and investors alike will be keeping a close eye on the performance of Vital Farms in its upcoming earnings disclosure. On that day, Vital Farms is projected to report earnings of $0.21 per share, which would represent year-over-year growth of 40%. At the same tim ...

Vital Farms (VITL) closed the most recent trading day at $42.68, moving -1.3% from the previous trading session. This move lagged the S&P 500's daily gain of 0.28%. At the same time, the Dow added 0.53%, and the tech-heavy Nasdaq gained 0.4%. Investors should also note any recent changes to analyst estimates for Vital Farms. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the com ...

Vital Farms (VITL) closed the latest trading day at $43.24, indicating a -1.93% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 0.55%. Meanwhile, the Dow gained 0.62%, and the Nasdaq, a tech-heavy index, added 0.63%. Market participants will be closely following the financial results of Vital Farms in its upcoming release. The company is expected to report EPS of $0.22, up 46.67% from the prior-year quarter. Our most recent consensus estimate is calling ...

AUSTIN, Texas, July 01, 2024 (GLOBE NEWSWIRE) -- Ernst & Young (EY) has honored Vital Farms' (Nasdaq: VITL) President & CEO Russell Diez-Canseco as an Entrepreneur Of The Year® 2024 Gulf South Award winner. Entrepreneur Of The Year is the preeminent awards program for entrepreneurs and leaders of high-growth companies celebrating "the bold leaders who disrupt markets, revolutionize industries and transform lives." The award recognizes many different types of leaders including original founders, transformati ...

AUSTIN, Texas, July 01, 2024 (GLOBE NEWSWIRE) -- Ernst & Young (EY) has honored Vital Farms' (NASDAQ:VITL) President & CEO Russell Diez-Canseco as an Entrepreneur Of The Year® 2024 Gulf South Award winner. Entrepreneur Of The Year is the preeminent awards program for entrepreneurs and leaders of high-growth companies celebrating "the bold leaders who disrupt markets, revolutionize industries and transform lives." The award recognizes many different types of leaders including original founders, transformatio ...

Vital Farms, Inc. (NASDAQ:VITL) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Anthony Bucalo - Vice President, Investor Relations Russell Diez-Canseco - President and Chief Executive Officer Pete Pappas - Chief Sales Officer Thilo Wrede - Chief Financial Officer Conference Call Participants Brian Holland - D.A. Davidson Matt Smith - Stifel Ben - Lake Street Capital Markets Robert Dickerson - Jefferies Adam Samuelson - Goldman Sachs Jon Andersen - William Blair Robert Moskow - ...