What to Expect From Valvoline’s Upcoming Q2 Earnings?
<p>RBC Capital analysts provided their outlook on <a href='https://financialmodelingprep.com/financial-summary/VVV'>Valvoline Inc. (NYSE:VVV)</a> ahead of the upcoming Q2/23 earnings announcement, scheduled on May 10.</p>
<p>The analysts expect quarterly revenue of $347 million (vs. Street’s $349 million), which implies a growth rate of 17% year-over-year, driven by an 11% system-wide Same Store Sales growth and a 7.5% unit growth (both in-line with the Street estimates). Based on their channel work, the analysts think their estimates are achievable. Adjusted EBITDA is expected to be $81 million (vs. Street’s $86 million). </p>
<p>After a noisy Q1 report, the company has become somewhat of a show me story. The analysts believe simply hitting their estimates will be enough to drive shares higher.</p>

NYSE:VVV