Sovos Brands Past Earnings Performance
Past criteria checks 2/6
Sovos Brands's earnings have been declining at an average annual rate of -18.9%, while the Food industry saw earnings growing at 15.3% annually. Revenues have been growing at an average rate of 18.9% per year. Sovos Brands's return on equity is 5.7%, and it has net margins of 3%.
Key information
-18.9%
Earnings growth rate
-15.8%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | 18.9% |
| Return on equity | 5.7% |
| Net Margin | 3.0% |
| Last Earnings Update | 30 Dec 2023 |
Recent past performance updates
Recent updates
What Sovos Brands, Inc.'s (NASDAQ:SOVO) 27% Share Price Gain Is Not Telling You
Sep 01
Sovos Brands, Inc. (NASDAQ:SOVO) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jun 26Returns At Sovos Brands (NASDAQ:SOVO) Are On The Way Up
May 08Calculating The Fair Value Of Sovos Brands, Inc. (NASDAQ:SOVO)
Feb 08Sovos Brands, Inc.'s (NASDAQ:SOVO) Intrinsic Value Is Potentially 77% Above Its Share Price
Oct 25Sovos Brands: Strong Growth Continues
Oct 04Sovos Brands 8.5M share secondary priced at $14.00
Aug 11Sovos Brands Non-GAAP EPS of $0.13 beats by $0.04, revenue of $197.4M beats by $16.44M
Aug 03Sovos Brands - Premium Packaged Foods To Fight Inflation
May 06Sovos Brands Will Continue To Execute For Shareholders
Apr 05We Think You Can Look Beyond Sovos Brands' (NASDAQ:SOVO) Lackluster Earnings
Mar 22Sovos Brands, Inc. (NASDAQ:SOVO) Shares Could Be 37% Below Their Intrinsic Value Estimate
Dec 23Sovos Brands Stock: An Attractive Prospect For Growth Investors
Dec 16Sovos Brands: Interesting Consumer Foods Play
Oct 01Revenue & Expenses Breakdown
How Sovos Brands makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Dec 23 | 1,020 | 30 | 184 | 0 |
| 30 Sep 23 | 990 | -14 | 128 | 0 |
| 01 Jul 23 | 941 | -14 | 123 | 0 |
| 01 Apr 23 | 921 | -50 | 116 | 0 |
| 31 Dec 22 | 878 | -53 | 106 | 0 |
| 24 Sep 22 | 806 | -29 | 152 | 0 |
| 25 Jun 22 | 775 | -35 | 140 | 0 |
| 26 Mar 22 | 740 | -6 | 129 | 0 |
| 25 Dec 21 | 719 | 2 | 135 | 0 |
| 25 Sep 21 | 692 | 5 | 114 | 0 |
| 26 Jun 21 | 650 | 12 | 117 | 0 |
| 27 Mar 21 | 619 | 18 | 116 | 0 |
| 26 Dec 20 | 560 | 11 | 125 | 0 |
| 28 Dec 19 | 388 | -27 | 89 | 0 |
Quality Earnings: SOVO has a large one-off loss of $17.2M impacting its last 12 months of financial results to 30th December, 2023.
Growing Profit Margin: SOVO became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SOVO has become profitable over the past 5 years, growing earnings by -18.9% per year.
Accelerating Growth: SOVO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SOVO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (6.7%).
Return on Equity
High ROE: SOVO's Return on Equity (5.7%) is considered low.