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A Glimpse of Vital Farms's Earnings Potential

Vital Farms (NASDAQ:VITL) is preparing to release its quarterly earnings on Thursday, 2024-11-07. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Vital Farms to report an earnings per share (EPS) of $0.12.

Anticipation surrounds Vital Farms's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Historical Earnings Performance

Last quarter the company beat EPS by $0.16, which was followed by a 3.27% drop in the share price the next day.

Here's a look at Vital Farms's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.20

0.21

0.09

0.05

EPS Actual

0.36

0.43

0.17

0.10

Price Change %

-3.0%

-4.0%

3.0%

2.0%

Performance of Vital Farms Shares

Shares of Vital Farms were trading at $35.46 as of November 05. Over the last 52-week period, shares are up 212.37%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Take on Vital Farms

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Vital Farms.

The consensus rating for Vital Farms is Buy, based on 3 analyst ratings. ...