NYSE$UTZ

Utz Brands Inc · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Headline financials

Total Revenue

$351M

Previous: $341M+3.1%
EPS (adj)

$0.11

Previous: $0.11+0.0%
Organic Net Sales Growth

1.5%

No prior period
Adjusted Gross Profit Margin

34.4%

No prior period
Capital Expenditures

-$13.9M

Previous: -$8.14M-70.9%
Free Cash Flow

-$23M

Previous: -$25.7M+10.4%
Net Income

-$9.13M

Previous: -$17.6M+48.1%
Operating Income

-$2.1M

Previous: -$22.5M+90.7%
Gross Profit

$104M

Previous: $104M+0.7%
Cash & Equivalents

$57.9M

Previous: $14.9M+288.8%
Total Assets

$2.82B

Previous: $2.72B+3.4%
Stock-Based Comp

$4.63M

Previous: $2.88M+60.7%

Revenue & EPS history

Utz · Revenue · Quarterly

$351M

Q1 2023+3.1%vs Q1 2022
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-0.2%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-1.1%

Avg return

30 days after

55%

12 / 22 earnings

Positive

+15.2%

Q1 2022

Best reaction

-13.4%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.8%-6.2%-8.1%
Q4 2025-4.8%+2.9%-19.2%
Q3 2025-13.4%-15.4%-18.9%
Q1 2025-8.7%-8.8%-0.5%
Q4 2024+2.8%+5.0%+1.9%
Q3 2024+7.0%+6.3%+7.4%
Q2 2024+9.5%+12.5%+13.8%
Q1 2024+6.1%+4.6%+2.3%
Q4 2023-4.5%-4.0%+0.5%
Q3 2023+1.1%+6.6%+11.5%
Q2 2023+2.3%-1.3%-10.9%
Q1 2023-7.3%-5.4%-13.9%
Q4 2022+5.1%+6.6%+1.0%
Q3 2022+5.4%+8.2%+11.7%
Q2 2022-4.5%-4.3%-9.8%
Q1 2022+15.2%+14.2%+4.1%
Q4 2021-8.9%-3.0%+4.0%
Q3 2021+8.4%+7.2%+0.1%
Q2 2021-9.9%-13.6%-7.2%
Q1 2021-7.1%-8.2%-6.4%
Q3 2020-0.3%-2.1%+12.1%
Q4 2019+0.1%-0.1%+0.2%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro