Second Quarter Net Revenue of $147.4 million, up 38.5% versus Prior Year Period Raises Fiscal Year 2024 Outlook and Reiterates Long-term Guidance Plans for New State-of-the-Art Egg Washing and Packing Facility in Seymour, Indiana to Drive Growth AUSTIN, Texas, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Vital Farms (Nasdaq: VITL), a Certified B Corporation that offers a range of ethically produced foods nationwide, today reported financial results for its second quarter ended June 30, 2024. Financial highlights for t ...

As Vital Farms, Inc. (VITL) prepares to release its second-quarter 2024 earnings report on Aug 8 before the opening bell, anticipation is building around the company's potential for substantial revenue growth. Several strategic initiatives and trends suggest that Vital Farms is poised for a strong performance. With a commitment to ethical food production and high-quality, pasture-raised products, Vital Farms has established a distinctive position in the competitive food industry. The Zacks Consensus Estimat ...

Market participants will be closely following the financial results of Vital Farms in its upcoming release. The company plans to announce its earnings on August 8, 2024. On that day, Vital Farms is projected to report earnings of $0.21 per share, which would represent year-over-year growth of 40%. Meanwhile, the latest consensus estimate predicts the revenue to be $143.75 million, indicating a 35.04% increase compared to the same quarter of the previous year. Based on our research, we believe these estimate ...

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 ...

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. An Industry Player's Expected Results Revenues are expected to be $143.75 million, up 35% from the year-ago quarter. Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Vital Farms (VITL) , which belongs to the Zacks Food - Miscellaneous industry. This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 54.19%. For the last reported quarter, Vital Farms came out with earnings of $0.43 per share versus the Zacks C ...

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, transformatio ...