HANOVER, Pa. (AP) — HANOVER, Pa. (AP) — Utz Brands, Inc. (UTZ) on Thursday reported a loss of $2.2 million in its third quarter.
The Hanover, Pennsylvania-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs, came to 21 cents per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 21 cents per share.
The company posted revenue of $365.5 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $360.8 million.
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