Vital Farms Slides as Quarterly Earnings Forecast Points to Loss
Vital Farms fell 1.37% in the session, while Zacks consensus estimates project a quarterly loss and lower revenue year over year.
Key takeaways
- Vital Farms closed at $9.34, down 1.37% for the session.
- Zacks consensus estimates project quarterly EPS of -$0.13 and revenue of $190.5 million.
Vital Farms shares fell 1.37% to $9.34 in the latest session, compared with a 0.02% decline for the S&P 500. The Dow fell 0.35%, and the Nasdaq lost 0.15%.
The stock was down 5.58% over the past month. That compared with a 0.3% decline for the Consumer Staples sector and a 2.05% gain for the S&P 500.
Zacks consensus estimates project Vital Farms will report quarterly earnings per share of -$0.13 and revenue of $190.5 million. Those figures would represent declines of 136.11% and 4.24%, respectively, from the year-earlier quarter, according to the estimates.
This article was produced with the help of AI technology. Source: Yahoo Finance
