Utz Brands: Q2 Earnings Snapshot

Utz Brands: Q2 Earnings Snapshot


Utz Brands, Inc. (UTZ) on Thursday reported second-quarter earnings of $3.2 million.

The Hanover, Pennsylvania-based company said it had net income of 4 cents per share. Earnings, adjusted for non-recurring costs, came to 13 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The company posted revenue of $350.1 million in the period, also surpassing Street forecasts.