Barclays now sees two Fed cuts this year, says jumbo Fed cuts ’very unlikely’
Investing.com - Sovos Brands (NASDAQ: SOVO) reported first quarter EPS of $0.18, $0.03 better than the analyst estimate of $0.15. Revenue for the quarter came in at $252.8M versus the consensus estimate of $232.97M.
Guidance
Sovos Brands sees FY 2023 revenue of $900.00M-$925.00M versus the analyst consensus of $887.90M.
Sovos Brands's stock price closed at $18.32. It is up 36.11% in the last 3 months and up 39.53% in the last 12 months.
Sovos Brands saw 1 positive EPS revisions and 4 negative EPS revisions in the last 90 days. See Sovos Brands's stock price’s past reactions to earnings here.
According to InvestingPro, Sovos Brands's Financial Health score is "good performance".
Check out Sovos Brands's recent earnings performance, and Sovos Brands's financials here.
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