Utz Brands (UTZ) Meets Q1 Earnings Estimates

Company Performance - Utz Brands reported quarterly earnings of $0.16 per share, matching the Zacks Consensus Estimate, and an increase from $0.14 per share a year ago [1] - The company posted revenues of $352.08 million for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.01%, and an increase from $346.52 million year-over-year [2] - Over the last four quarters, Utz Brands has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2][3] Stock Outlook - Utz Brands shares have declined approximately 15.1% since the beginning of the year, compared to a 5.3% decline in the S&P 500 [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.21 for the coming quarter and $0.85 for the current fiscal year [4][7] - The estimate revisions trend for Utz Brands is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Food - Miscellaneous industry, to which Utz Brands belongs, is currently ranked in the top 38% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]